What Is an Information Circular? An information circular is a document for a company’s shareholders outlining important matters on the agenda at the annual shareholders’ meeting or a special shareholders’ meeting. The information circular also solicits proxy votes and provides procedures for voting on key issues. Some companies call an information circular a “Management Information
What Is the Information Coefficient (IC)? The information coefficient (IC) is a measure used to evaluate the skill of an investment analyst or an active portfolio manager. The information coefficient shows how closely the analyst’s financial forecasts match actual financial results. The IC can range from 1.0 to -1.0, with -1 indicating the analyst’s forecasts
What Is an Information Silo? An information silo is an information management system that is unable to freely communicate with other information management systems. Communication within an information silo is always vertical, making it difficult or impossible for the system to work with unrelated systems. Information silos can exist within a variety of businesses. Information
What Is Infrastructure? Infrastructure is defined as the basic physical systems of a business, region, or nation and often involves the production of public goods or production processes. Examples of infrastructure include transportation systems, communication networks, sewage, water, and school systems. Investments in infrastructure tend to be costly and capital-intensive, but vital to a region’s
What Is an Ingot? An ingot is a material cast into a shape to facilitate transportation and processing. An ingot is typically rectangular, which allows it to be stacked. Ingots are most commonly associated with metals; in fact, ingots of gold held in the vaults of banks and brokerages are popular images. Key Takeaways An
Who is Ingvar Kamprad? Ingvar Kamprad was the founder of Swedish retailing giant IKEA, one of the world’s most recognized brands known for stylish, functional and affordable furniture. Born into humble beginnings, Kamprad founded IKEA as a direct import and mail order business at the age of 17. Kamprad began selling furniture in 1948 and introduced the IKEA catalogue
What Is Inherent Risk? Inherent risk is the risk posed by an error or omission in a financial statement due to a factor other than a failure of internal control. In a financial audit, inherent risk is most likely to occur when transactions are complex, or in situations that require a high degree of judgment
What Is an Inheritance? Inheritance refers to the assets that an individual bequeaths to their loved ones after they pass away. An inheritance may contain cash, investments such as stocks or bonds, and other assets such as jewelry, automobiles, art, antiques, and real estate. Key Takeaways An inheritance is a financial term describing the assets
What Is Inheritance Tax? An inheritance tax is a tax imposed by some states on the recipients of inherited assets. In contrast to an estate tax, an inheritance tax is paid by the recipient of a bequest rather than the estate of the deceased. The inheritance tax is not common in the U.S. In fact
What Is an Inherited IRA? An inherited IRA is an account that is opened when an individual inherits an IRA or employer-sponsored retirement plan after the original owner dies. The individual inheriting the Individual Retirement Account (IRA) (the beneficiary) may be anyone—a spouse, relative, or unrelated party or entity (estate or trust). Rules on how to
