PERSONAL FINANCE GLOSSARY

Immediate Annuity

Incentive Stock Option

Incontestable Clause

Increasing Term Insurance

Index Funds

Individual Retirement Account (IRA)

Inflation Risk

Inflation-Indexed Bonds

Initial Public Offering

Insiders

Inspection Report

Installment Debt

Insurability

Insurable Interest

Insurance Application

Insured

Insurer

Interest Rate

Interest Rate Future

Interest Rate Risk

International Funds

Intestate

Introductory Annual Percentage Rate (APR)

Investment Risk

Irrevocable Beneficiary

Irrevocable Trust

Promissory note that guarantees it will outpace with inflation if it is held to maturity. "I-bonds" are backed by the United States government and are indexed semiannually to the Consumer Price Index (CPI), a major inflation indicator.