ICSee: Information Coefficient
Affirming a prior act which was not legally binding; the affirmation gives the act legal effect. Occurs when an unauthorized agent acts, and the principal later affirms the action, giving authority retroactively.
Intrinsic value of an optionIntrinsic value of an option
The amount by which an option is in the money. An option that is not in the money has no intrinsic value.
Price elasticPrice elastic
Having a price elasticity greater than one (in absolute value).
A telegraphic system that continuously provides the last sale prices and volume of securities transactions on exchanges. Information is either printed or displayed on a moving tape after each trade.
Constant elasticity of substitution functionConstant elasticity of substitution function
See CES function
Further SuggestionsIncome elastic
National Insurance (NI) Basic Pension
Not sufficient funds check
Retail Price Index
Publicly traded assets
Code of practice
Basic import price
non participating life insurance policy
Price of admission