Glossary
Initial Public Offering (IPO)
The process through which a private company offers shares to the public for the first time to raise capital
Intellectual Property (IP)
A category of property that includes intangible creations of the human intellect, such as patents, trademarks, copyrights, and trade secrets
Internal Rate of Return (IRR)
A metric used in financial analysis to estimate the profitability of potential investments
Investment Bank
A financial services company or corporate division that engages in advisory-based financial transactions on behalf of individuals, corporations, and governments