Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: I

INSIDER TRADING

Where private information is used to create more profit. Sometimes this is considered a crime and punished. Refer to gun jumping.

INDEXING

An investment strategy that tries to predict the future perfromance of an asset with minimum error. This is also called an active investment strategy or an index fund.

INDICATION OF INTEREST (IOI)

When an investor shows interest in new securities. It is nonbinding because the securities are not yet registered. Refer to the defenition of circle.

INSURABLE RISK

A risk that causes loss that can be covered by the premium paid. Refer to uninsurable risk.

IDEO CONSIDER ATUM EST

Lat. Therefore it is considered. These were the words used at the beginning of the entry ofjudgment in an action, when the forms were in I/atin. They are also used as a

IGNORATIO ELENCHI

Lat. A term of logic, sometimes applied to pleadings and toarguments on appeal, which signifies a mistake of the question, that is, the mistake ofone who, failing to discern the real question

ILLUSORT

Deceiving by false appearances; nominal, as distinguished from substantial.

IMMITTERE

Lat. In the civil law. To put or let into, as a beam into a wall. Calvin; Dig. 50, 17, 242, 1.In old English law. To put cattle or

IMPEDIMENTO

In Spanish law. A prohibition to contract marriage, established bylaw between certain persons.

IMPIGNORATA

Pledged; given In pledge, (pignori data;) mortgaged. A term appliedin Bracton to land. Bract, fol. 20.

IMPOUND

To shut up stray animals or distrained goods in a pound. Thomas v.Harries, 1 Man. & G. 703; Goodsell v. Dunning, 34 Conn. 257; Howard v. Bartlett, 70 Vt.314. 40 Atl. 825.

IMPROVEMENT

A valuable addition made to property (usually real estate) or an amelioration in its condition, amounting to more than mere repairs or replacement of waste, costing labor or capital, and intended to

IN ALIO LOCO

In another place.In alta proditione nullus potest esse accessorius sed principalis solummodo.3 Inst. 138. In high treason no oue can be an accessary but only principal.In alternatives electio est debitoris.In alternatives the

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