CORPORATE AND INSTITUTIONAL GLOSSARY

IRC 1031

Identification Period

Implied Volatility

Import

Import License

Import Permit

In-The-Money

Inconvertibility

Indemnity Clause

Indenture Of Trust (Indenture)

Indirect Exporting

Inherent Vice

Inland Carrier

Inspection Certificate

Insurance Certificate

Interim Certificate

Investment Stock

Invoice

Irrevocable

Irrevocable Trust

Issuer

Issuing Bank/Opening Bank

The bank which issues or opens an L/C. In the case of a commercial L/C, usually the buyer's bank.