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International Monetary Fund (IMF):
Established in 1944 by the Bretton Woods Agreement in 1944. The IMF is a specialized agency affiliated with the United Nations and is responsible for lowering trade barriers and stabilizing international exchange rates.

The main business of the IMF is the provision of loans to its members (including industrialized and developing countries) when they experience balance of payments difficulties.

Indemnity
Compensation against loss; also security against contingent loss.

Insider Transaction
Purchasing or selling of securities by offers to large shareholders or other key members in a corporation. The SEC rules that such transactions must be reported to them within 10 days after the close of the month in which the transactions are made.

Institutional Investors
A company having substantial funds invested in securities (e.g. a bank, labour union, college, Provident Fund, Pension fund).

Interest
The price paid for the borrowed use of a commodity, usually money.

Issue Price
The price for a new security sold to the public, determined by an underwriter or syndicate.



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