Invoice date

Invoice date

Invoice date

Usually the date when goods are shipped. Payment dates are set relative to the invoice date.

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Invoice billing

Invoice billing

Invoice billing

Billing system in which the invoices are sent off at the time of customer orders are all separate bills to be paid.

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Investor relations

Investor relations

Investor relations

The process by which the corporation communicates with its investors.

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Investor fallout

Investor fallout

Investor fallout

In the mortgage pipeline, risk that occurs when the originator commits loan terms to the borrowers and gets commitments from investors at the time of application, or if both sets of terms are made at closing.

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Investments

Investments

Investments

As a discipline, the study of financial securities, such as stocks and bonds, from the investor’s viewpoint. This area deals with the firm’s financing decision, but from the other side of the transaction.

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Investment trust

Investment trust

Investment trust

A closed-end fund regulated by the Investment Company Act of 1940. These funds have a fixed number of shares which are traded on the secondary markets similarly to corporate stocks. The market price may exceed the net asset value per share, in which case it is considered at a “premium.” When the market price falls below the NAV share, it is at a “discount.” Many closed-end funds are of a specialized nature, with the portfolio representing a particular industry, country, etc. These funds are usually listed on US and foreign exchanges.

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