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IBAN
International Bank Account Number. An alphanumeric standard identifying your unique account number issued by your bank for electronic funds transfers involving Euros. Each European Union (EU) member country determines the length of the alphanumeric string for its banks. Currently, IBAN length ranges from 16 to 28 characters, depending on country. IBANs always begin with two alpha characters which identify the EU member in which the bank is located.
To receive Euros, your IBAN is required in addition to the BIC/SWIFT Code for your bank. Contact your bank if you do not know your IBAN and corresponding BIC/SWIFT Code.
IBAN examples:
Immediate or Cancel
A time-in-force restriction that can be placed on the execution of a stock sell request. This restriction requires that all or only a portion of the sell request can be executed. Any portion of the sell request that is not immediately completed is canceled. Sell Requests with the immediate or cancel restriction are placed during the standard market session and are limit sell requests for more than one round lot of shares (more than 100 shares).
Note: For sell requests placed during the Premarket and After Hours sessions, the minimum quantity for Immediate or Cancel sell requests is 200 shares to a maximum of 5,000 shares - are not allowed for use with stop loss or stop limit sell requests.
Incentive Stock Options
An incentive stock option (ISO) is a form of stock option given special tax treatment under the US Internal Revenue Code. With ISOs, you do not have to recognize ordinary income for tax purposes when you exercise your stock options, provided you hold your shares for one year from the date of exercise or two years from the date the options were granted, whichever is longer (the waiting period). If you decide to sell your stock option shares after the waiting period, you will be subject to a capital gains tax on the difference between the sale price and the grant price. If you sell your shares prior to the end of the waiting period, the sale is treated as a "disqualifying disposition," which means that, generally, you will be required to treat the difference between the fair market value at the time of exercise of the shares you acquired and the amount you paid for the shares (or the gain on the sale of the shares, if less) as ordinary compensation income. Any additional gain, if any, would be taxed as capital gain (short-term gain if you have not held the shares for one year). Tax treatment in other jurisdictions may vary; consult your tax adviser.
Intermediary Bank
A bank that accepts your wire when you request a wire to be sent to a financial institution other than a bank, like a credit union or a brokerage firm. Your financial institution will provide you with information about the intermediary bank if an intermediary bank is going to be involved in your transaction. If you have any questions about the intermediary bank, contact your financial institution.
Intraday
Activity that occurs within the day. Intraday balances, positions, and history reflect intraday activity as of the current day's most recent posting. As a result, Stock Plan Account information can differ from the previous night's posting based on intraday activity. Intraday positions, history, and balances also include changes as a result of sell requests placed during the standard market session from 9:30 A.M. to 4:00 P.M. ET.
IRS 100K Rule
To qualify for special tax treatments under the IRS Code, an ISO must satisfy a number of requirements at the time of grant, prior to exercise, and after exercise. As a result of these rules, certain events after an option is granted may require an ISO to be reclassified as an NSO (for example, if the option grant no longer qualifies for ISO treatment). Subsequent events could also cause an option grant that would not have previously qualified for ISO treatment to qualify (for example, certain cancellations of other ISO grants).
Issuer's Stock
This is a share of stock that gives you ownership in a company. Issuer's stock and the grant of stock options differ in that a grant of a stock option simply gives you the right to purchase a specified number of shares of the underlying Issuer stock during a predefined period time and at a pre-established price (the grant price).