Keynesian Economics Explained
Keynesian economics, developed by John Maynard Keynes, advocates for government intervention to stabilize economies, particularly during recessions, by managing aggregate demand through fiscal and monetary policies.
Joint Account
A joint account is a bank account held by two or more individuals. All account holders have equal access and responsibility for funds, making it suitable for couples or families…
Irrational Exuberance
A term describing excessive investor optimism and inflated asset prices detached from fundamental value. It signifies a market bubble driven by psychology rather than economics.
The Invisible Hand
The 'invisible hand' is a metaphor for the self-regulating nature of the marketplace. It suggests that individuals pursuing their own self-interest can unintentionally benefit society as a whole.
Investment Trust
An investment trust is a type of closed-end investment company that pools money from shareholders to invest in a diversified portfolio of assets, managed by a professional team. Shares are…
Interim: Understanding Temporary Solutions and Arrangements
An interim solution is a temporary measure put in place to address an issue until a permanent solution can be found. It provides a stopgap, ensuring continuity and stability during…
Interest-Only Mortgage Explained
An interest-only mortgage allows borrowers to pay only the interest for a set period. After this period, payments increase to cover both principal and interest, often leading to higher subsequent…
Institutional Investor
An institutional investor is a large entity that pools money from various sources to invest in securities, real estate, and other investment assets. They play a significant role in financial…
Insider Trading: Understanding the Illicit Practice
Insider trading involves trading securities based on material, non-public information. It's illegal and undermines fair market practices, leading to severe penalties for those involved. Understanding its nuances is crucial for…
Inheritance Tax Explained
Inheritance tax is a levy on assets passed down from a deceased person to their beneficiaries. It's distinct from estate tax, focusing on the recipient's gain rather than the deceased's…