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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

Interest Rate Future A contract that requires delivery of a specific price on a specific date on an interest-bearing security. This contract is often used with large amounts of U.S. Treasuries and certificates of deposit.

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