IMF

See   International Monetary Fund (IMF)
back to top

inflation

An increase in the general price level, e.g. in the consumer price index. See also   deflation
back to top

interest rate future

An exchange-traded forward contract. In such a contract, the purchase or sale of an interest rate instrument, e.g. a bond, is agreed on the contract date to be delivered at a future date, at a given price. Usually no actual delivery takes place; the contract is normally closed out before the agreed maturity.
back to top

interest rate swap

A contractual agreement with a counterparty to exchange cash flows representing streams of periodic interest payments in one currency. See also   cross-currency swap
back to top

internal rate of return (IRR)

A rate at which the accounting value of a security is equal to the present value of the future cash flow.
back to top

International Monetary Fund (IMF)

An international organisation, based in Washington, D.C., with a membership of 187 countries (2011). It was established in 1946 to promote international monetary cooperation and exchange rate stability, to foster economic growth and high levels of employment and to help member countries to correct balance of payments imbalances.
back to top

IRR

See   internal rate of return (IRR)
back to top