What Is IRS Publication 561: Determining the Value of Donated Property? IRS Publication 561: Determining the Value of Donated Property is a document published by the Internal Revenue Service (IRS) that provides taxpayers with information on how to determine the fair market value (FMV) for assets donated to a qualified organization. Taxpayers can donate a wide
What Is an IP Address? IP address stands for internet protocol address; it is an identifying number that is associated with a specific computer or computer network. When connected to the internet, the IP address allows the computers to send and receive information. Key Takeaways An internet protocol (IP) address allows computers to send and
What Is the Industrial Production Index (IPI)? The industrial production index (IPI) is a monthly economic indicator measuring real output in the manufacturing, mining, electric, and gas industries, relative to a base year. It is published in the middle of every month by the Federal Reserve Board (FRB) and reported on by the Conference Board, a member-driven economic
Investopedia / Zoe Hansen What Is an Initial Public Offering (IPO)? An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance for the first time. An IPO allows a company to raise equity capital from public investors. The transition from a private to
What Is an IPO Advisor? An IPO (initial public offering) advisor is a firm hired to help a company navigate the process of listing on a public exchange for the first time. The advisor is usually an investment banking firm that has specialized knowledge of the company and the sector in which it operates. Key Takeaways
What Is an IPO Lock-Up? An initial public offering (IPO) lock-up period is a caveat outlining a period of time after a company has gone public when major shareholders are prohibited from selling their shares. During the IPO lock-up company insiders and early investors cannot sell their shares, helping to ensure an orderly IPO and
What Is an Investment Policy Statement (IPS)? An investment policy statement (IPS) is a document drafted between a portfolio manager and a client that outlines general rules for the manager. This statement provides the general investment goals and objectives of a client and describes the strategies that the manager should employ to meet these objectives. Specific
What Is an IRA? An individual retirement account (IRA) is a long-term savings account that individuals with earned income can use to save for the future while enjoying certain tax advantages. The IRA is designed primarily for self-employed people who do not have access to workplace retirement accounts such as the 401(k), which is available
What Is a Roth IRA Conversion? A Roth IRA conversion involves the transfer of retirement assets from a traditional, simplified employee pension (SEP), or SIMPLE IRA, or from a defined-contribution plan such as a 401(k), into a Roth IRA. While the account owner has to pay income tax on the money they convert, they will
What Is the Iraqi Central Bank? The term Iraqi Central Bank refers to the national central bank of Iraq. Established as Iraq’s independent central bank by law in 2004, the bank manages domestic monetary policy and supervises the country’s financial system. Commonly referred to as the Central Bank of Iraq (CBI), it is headquartered in
