_Impound

_{To seize or hold, or to place in custody by order of a court.}

_Income

_{Money or its equivalent, earned or accrued, arising from the sale of goods or services.}

_Indemnity

_{1. A compensation to make a person whole from a loss already sustained.}

_{2. A contract or assurance by which one engages to secure another against an anticipated loss.}

_Indenture

_{A written agreement. (Originally, the document was written in duplicate, and the two copies placed side by side and "indented", or cut, with a wavy line so they fit together perfectly).}

_Indorsement

_{The process of signing on the back of a document like a Bill/Invoice which has the effect of transferring the title of the goods to the person in whose favor the indorsement is made.}

_Information

_{Accusatory document, filed by the prosecutor, detailing the charges against the defendant. An alternative to an indictment, it serves to bring a defendant to trial.}

_{Inheritance Tax}

_{A country tax on property that an heir or beneficiary under a will receives from a deceased person’s estate. The heir or beneficiary pays this tax.}

_Injunction

_{A court order that prohibits a party from doing something (restrictive injunction) or compels them to do something (mandatory injunction) to prevent irreparable damage or injury.}

_Insolvent

_{A person not able to pay his or her debts as they become due or when the total debt of an entity is greater than all of its property. "Insolvency" is a prerequisite to bankruptcy.}

_{Intangible Property}

_{Opposite of tangible property. Examples are property rights, easements, copyrights and other things of value that have no physical presence. Also, certificates or other items that have no inherent value but which represents something physical.}

_{Islamic Law}

_{The law according to the Muslim faith and as interpreted from the Koran. Islamic law is probably best known for deterrent punishment, which is the basis of the Islamic criminal system and the fact that there is no separation of church and state. Under Islamic law, the religion of Islam and the government are one. Islamic law is controlled, ruled and regulated by the Islamic religion. Islamic law purports to regulate all public and private behavior including personal hygiene, diet, sexual conduct, and child rearing. Islamic law now prevails in countries all over the Middle East and elsewhere covering twenty per cent of the world’s population.}