Tooltip Categories: Economics & Finance

inheritance

Property received from an ancestor either through a will or (if no will exists) from the operation of intestacy or succession laws. (source: http://www.businessdictionary.com/definition/inheritance.html#ixzz2M8dzClPd)

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inheritance tax

A levy paid by a person who inherits money or property or a tax on the estate (total value of the money and property) of

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Initial Coin Offering

An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the

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Industrial accident mutual insurance societies

Associations set up by employers to pool their resources to provide protection against certain occupational risks. (source: http://www.eurofound.europa.eu/emire/SPAIN/INDUSTRIALACCIDENTMUTUALINSURANCESOCIETIES-ES.htm)

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industrial estate

An area zoned and planned for the purpose of industrial development. (source: http://en.wikipedia.org/wiki/Industrial_park)

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industrial property

This includes patents to protect inventions; and industrial designs, which are esthetic creations determining the appearance of industrial products. Also covers trademarks, service marks, layout-designs

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industrial revolution

The transition to new manufacturing processes in the period from about 1760 to some time between 1820 and 1840. (source: http://en.wikipedia.org/wiki/Industrial_Revolution)

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informal credit

The informal transactions, such as loans made by moneylenders, traders, landlords, and family, who provides informal finance. (source: http://www1.fee.uva.nl/fm/PAPERS/Madestam.pdf)

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informal sector

That part of an economy that is not taxed, monitored by any form of government, or included in any gross national product (GNP), unlike the

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