Secured Loans
Refers to over-the-counter trading. Trade in which the trader has both the buyers
and sellers lined up for a clean trade. See: cross
In between
Used in the context of general equities. Priced higher than the bid price but lower
than the offer price. See: in the middle
Income beneficiary
One who receives income from a trust.
Income bond
A bond on which the payment of interest is contingent on sufficient earnings.
These bonds are commonly used during the reorganization of a failed or failing
business.
Income fund
A mutual fund providing for liberal current income from investments.
Income statement (statement of operations)
A statement showing the revenues, expenses, and income (the difference
between revenues and expenses) of a corporation over some period of time.
Income stock
Common stock with a high dividend yield and few profitable investment
opportunities.
In competition
Indication that the customer has shown his interest to multiple brokers and that
the trade will take place with the firm having the highest bid or lowest offer.
Antithesis of exclusive.
Incremental cash flows
Difference between the firms cash flows with and without a project.
Incremental costs and benefits
Costs and benefits that would occur if a particular course of action were taken
compared to those that would occur if that course of action were not taken.
