Course glossary

Here are some worlds which should be familiar for you till the end of the course, try to cover them when you will have free time.

Browse the glossary using this index

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I

Import

Buying goods or services from overseas and bringing them into the country.

Income statement

Determines the net income/profit of a business. An annual summary of both income and expenses.

Industrial output

This is an indicator of future economic growth as it is the manufacturing output of the nation.

Inflation

The term used when prices rise.

Insider trading

The trading of shares based on knowledge that no one else has. It was made illegal in the UK in 1980.

Insolvency

When a company becomes unable to pay off its creditors, or its liabilities exceed its assets.

Institutional investor

A professional money manager who works for private investors and invests via pension and life insurance funds.

Intellectual property

Any works or inventions that are original creative designs. The individual or company responsible for the designs will be entitled to apply for a copyright or trademark on the designs.

Interim profit statement

This updates shareholders on a company’s unaudited profits for the first half of the financial year.

Investment trust

A company on the stock exchange that only invests in other companies.