Intellectual property
Discussed under: Asset.
Interest
Definition: What a lender charges someone who borrows its money for one year, expressed as
Internal Revenue Service (IRS)
Definition: The department of the government that is responsible for collecting taxes on income that
Liability
Definition: Money that is owed by a person, business or government usually because goods have
Limit buy order
Definition: An offer to buy one or more shares of a company’s stock but only