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Straddle
STRADDLE In the stock and commodity markets, a strategy in options contracts consisting of an equal number of put options and call options on the same underlying share, index, or commodity future. A straddle is a type of option contract that gives the holder of the contract the option to either... Read more |
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Option
OPTION A privilege, for which a person has paid money, that grants that person the right to purchase or sell certain commodities or certain specified securities at any time within an agreed period for a fixed price. A right, which operates as a continuing offer, given in exchange for... Read more |
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Cost
CostBIBLIOGRAPHYIn economics, the cost of an event is the highest-valued opportunity necessarily forsaken. The usefulness of the concept of cost is a logical implication of choice among available options. Only if no alternatives were possible or if amounts of all resources were available beyond... Read more |
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Transatlantic Cable
TRANSATLANTIC CABLE Transatlantic Telegraph While radio telephone was being considered for the continental United States, it was the only option available for transatlantic voice communication. Such telephone links were at the mercy of storms and assured a great deal of... Read more |
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referendum
referendum referral of proposed laws or constitutional amendments to the electorate for final approval. This direct form of legislation, along with the initiative , was known in Greece and other early democracies. Today, these legislative devices are widely used in certain countries, most notably... Read more |
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Options (Finance)
puts and calls in securities trading. A call is a contract that gives the holder the right to purchase a given stock at a specific price within a designated period of time. It is the opposite of a put, which is a contract that allows the holder to sell a given stock at a specific price within a... Read more |
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Finance companies
Finance Companies Commercial finance companies have in recent years become a favorite option for entrepreneurs seeking small business loans. Commercial financing institutions generally charge higher interest rates than banks and credit unions, but they are also more likely to approve a loan... Read more |
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golden parachute
golden parachute a contract given to top executives of a corporation to provide benefits in case of job loss due to a takeover by another firm or a merger. The unusually generous benefits may include substantial severance pay, a one-time bonus payment when employment ends, or stock options.... Read more |
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Mandatory
MANDATORY Peremptory; obligatory; required; that which must be subscribed to or obeyed. Mandatory statutes are those that require, as opposed to permit, a particular course of action. Their language is characterized by such directive terms as "shall" as opposed to "may." A mandatory provision is... Read more |
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Community Service
COMMUNITY SERVICE A sentencing option for persons convicted of crimes in which the court orders the defendant to perform a number of hours of unpaid work for the benefit of the public. A person convicted of a criminal offense may be required to complete a sentence of community service directly or... Read more |
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