Dictionary
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Intermediation
Definition: The process whereby financial middlemen consolidate many small savings accounts belonging to individual depositors and invest those funds in large, diversified projects.
Pronunciation...
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Intangible Asset
Definition: Anything having no material or physical substance, cannot be seen or touched, such as the goodwill of a business.
Pronunciation: \(ˌ)in-ˈtan-jə-bəl\ \ˈa-ˌset\
Used in a Sentence: ...
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Insurance Clause
Definition: A stipulation in a mortgage that requires the mortgagor to obtain and keep current a hazard insurance policy.
Pronunciation: \in-ˈshu̇r-ən(t)s\ \ˈklȯz\
Used in a Sentence: Our m...
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Instrument
Definition: A formal legal document such as a contract, deed or will.
Pronunciation: \ˈin(t)-strə-mənt\
Used in a Sentence: A deed is a written instrument that conveys title to real property.
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Ineffective
Definition: The status of a license when it is inactive or has been suspended.
Pronunciation: \ˌi-nə-ˈfek-tiv\
Used in a Sentence: Her license was was considered ineffective when she changed...
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Industrial
Definition: Properties that include 1) sites in industrial parks or subdivisions, 2) redeveloped industrial parcels in central areas and 3) industrial acreage.
Pronunciation: \in-ˈdəs-trē-əl\
U...