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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

Incentive Stock Option A type of stock option that allows an employee to buy shares of an employer's stock at a preestablished price. If the shares are held for a longer period of time, the sales price will reflect a favorable tax treatment.

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