EMPLOYEE STOCK OPTION - ESO
Company’s stock option given to selected employees. These options carry the right, not obligation, to purchase a certain amount of shares in a firm at a preset price. This is somewhat different from a regular exchange-traded option since it is not generally traded on an exchange and has no put component. Moreover, employees usually must wait a given vesting period before they can exercise the option.
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Robert C. Merton
American economist who won the 1997 Nobel Memorial prize in Economic Sciences, along with Myron Scholes, for developing the Black-Sholes model, whi ...
Buy Stops Above
Recommendation to purchase a given security once a security’s price surpasses a particular resistance level by putting a buy stop order at th ...
Admitted Company
An insurance company admitted and allowed by an another state to transact insurance business despite having a domiciled status on an another state. ...
Black Box Model
Computer program, process, or system processing the information entered by the user using pre-programmed logic in order to produce the user’s ...
Form 3903
A form issued by the IRS and used by taxpayers to deduct moving expenses related to taking a new job.
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