referring to the economy of a country, inflation is the gradual increase in the price of goods and/or services, and the consequential devaluing of the national currency. Inflation is typically up to 10%, or more unusually approaching 20% per year. Minimising inflation is normally a high priority within national fiscal policy since higher levels of inflation cause a variety of economic and business problems. See also deflation and hyperinflation.Inflection Point - In business, when important significant changes take place in an organisation. (Andrew S. Grove - Intel)Infomediary - An agent who works on behalf of a business, collecting information on, and developing profiles of, individual customers.Infomercial - Information Commercial. A long television commercial presented in the form of a documentary or TV program. This format is used so that it does not appear to be selling a product or service.Information Superhighway - Communications network, notably the Internet, which provides high speed access to information in the form of sound, text, images, etc.Inheritance Tax - Also called Death Duty in the UK. Known as Death Tax in the US. A tax imposed by the government which much be paid on the total value of the estate of a deceased person.Injunction - An official court order which demands that someone must refrain from carrying out certain actions.Innovation - The introduction of new ideas, goods, etc., or new methods of production. A new way of doing something.Inorganic - A term used to describe the growth of a business from mergers or takeovers, rather than from the increase in productivity or activity of the company's own business.Inside Information - Information about a company which is known only by the owners, management and/or employees, and not the general public. The use of Inside Information for the buying and selling of shares is usually illegal.Inside Track - An advantageous position in a company or organisation. To know about something before others get to hear about it.Insolvency - Not having enough finances or assets available to pay all your debts.Instant Access Account - A bank or building society account which allows you have instant access to your money without any penalties.Insurance Adjuster - Also known as a Claims Adjuster. An independent person who investigates insurance claims for an insurance company and evaluates the damage caused and decides whether the claims are valid, and if they are, how much should be paid in settlement to the insured party.Intangible Asset - A company's assets which do not physically exist, such as brand name, trademarks, copyrights, etc.Intellectual Capital - The skills and knowledge of a company's employees, which can be used to make the company more successful than its competitors.Intellectual Property - Commonly abbreviated to IP, an idea or creation, e.g., artwork, writing, etc., that belongs to an individual or organisation, which has commercial value and therefore cannot be copied or sold without the owner's permission.Inter Alia - Latin for 'among other things' - a traditional term which typically precedes a list of examples, and is found in official or formal text or various sorts. Inter alios means 'among other people', but