The state or condition of being free from dependence , subjection, or control. Political independence is the attribute of a nation or state which is entirely autonomous, and not subject […]
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INDEPENDENT
INDEPENDENT . Not dependent; not subject to control, restriction , modification , or limitation from a given outside source.
INDEPENDENT ADVICE
advice given confidentially by a person in a fiduciary capacity .
INDEPENDENT CONTRACTOR
This term describes the person who is asked do perform an action or job who maintains the control over the job.
INDETERMINATE
That which is uncertain, or not particularly designated; as if I sell you one hundred bushels of wheat, without stating what wheat 1 Bouv. Inst, no. 950.
INDETERMINATE SENTENCE
This term applies to a jail sentence without a set period but it falls between the minimum and maximum time for the crime.
INDEX
A book containing references, alphabetically arranged, to the contents of a series or collection of volumes; or an addition to a single volume or set of volumes con- taining such […]
INDEX ARBITRAGE
When index futures are rich buyers keep stocks and sell the futures. When the futures are cheap they sell stock and buy the futures.
INDEX FUND
A mutual fund that uses market index to guarantee returns. This is also called indexing or passive investment strategy .
INDEX FUTURE
A future contract exchanged in reference to a specific index sector, benchmark equity index, or equity basket. This is also called a commodity, currency, or interest rate future .
INDEX PRINCIPAL SWAP
An over the counter swap with floating interest. The principal is notational. This type of exhange is also called index amoritizing rate, accreting, amoritizing, reverse index principle, or a variable […]
INDEX TRIGGER
An event that suspends coupon interest and principal when losses meet an agreed upon amount. Also called an indemnity or parametric trigger .
INDEXING
An investment strategy that tries to predict the future perfromance of an asset with minimum error. This is also called an active investment strategy or an index fund.
INDIAN RESERVATION
This term applies to an area of land that has been set aside for use and occupation by American Indian tribes.
INDIANS
The aboriginal iuhabitants of North America. Frazee v. Spokane County, 29 Wash. 278, 69 Pac. 782.
INDICARE
Lat. In the civil law . To show or discover. To fix or tell the price of a thing. Calvin. To inform against; to accuse.
INDICATED MARKET
The trading range of a security whose status is pending.
INDICATIF
An abolished writ by which a prosecution was in some cases removed from a court-christian to the queen’s bench . Enc. Lond.
INDICATION
In the law of evidence . A sign or token; a fact pointing to some in- ference or conclusion. Burrill, Circ. Ev. 251, 252, 203, 275
INDICATION OF INTEREST (IOI)
When an investor shows interest in new securities. It is nonbinding because the securities are not yet registered. Refer to the defenition of circle.
INDICATIVE EVIDENCE
This is not evidence properly so called, but the mere sug- gestion of evidence proper, which may possibly be procured if the suggestion is follow- ed up. Brown.
INDICATIVE QUOTE
An offer given to a dealer that is uncertain. It is used as a guideline for future business offers.
INDICAVIT
In English practice. A writ of prohibition that lies for a patron of a church, whose clerk is sued in the spiritual court by the clerk of another patron, for […]
INDICIA
Signs; indications. Circumstances which point to the existence of a given fact as probable, but not certain. For example, “indicia of partnership ” are any circumstances which would induce the […]
INDICIUM
In the civil law . A sign or mark. A species of proof, answering very nearly to the circumstantial evidence of the common law. Best, Pres. p. 13,