A junior tranche is the lowest tranche of a security, i.e. the one deemed most risky. Any losses on the value of the security are absorbed by the junior tranche before any other tranche, but for accep...
A Joint Venture (JV) is when a group of business collaborate on a business project, each taking a share of the profits, losses and control. A joint venture simply requires working together, no merger ...
Investment Banking Division is a sector of an investment bank that is responsible for corporate finance and advisory. It is broadly split into two sectors, products and industries....
An investment bank is a financial firm that provides a variety of different services with the most common being:Corporate finance and advisory (Investment Banking Division)Acting as a broker...
Inventory Turnover is a financial metric used to show how many times the inventory of a company is turned into goods, sold and repurchased over a given period. This is useful as a low value of invento...
Inventory is an accounting term used to denote anything a company owns which it can turn into goods and services. For example, a car company may have car parts stored in a warehouse, and these would b...
Intrinsic Value is the value of an asset-based purely on the business, rather than economic situations or market sentiment. For this reason, it may be above or below the actual market value of the ass...
The IMF, or International Monetary Fund, is a global organisation which helps monitor and support the global economy. Its main responsibilities are:Providing funds and liquidity for countries in finan...
Internal Rate of Return or IRR is a financial metric used to discount capital budgeting and to make the net present value of all future cash flows equal to zero. For this reason, it is used ...
An Interest Rate Swap is a financial derivative which is a contract between two parties agreeing to exchange their cash flows from interest rates. This can be done in a variety of ways:Fixed-rate for ...