Bank reconciliation updating cashbook

26-Mar-2020 21:20

American Option: An option that can be exercised anytime during its life.

American options allow option holders to exercise the option at any time prior to and including its maturity date, thus increasing the value of the option to the holder.

Audit: Evaluation carried out by an outside agency (such as an accountancy firm or the tax authorities) of a taxpayer's books and accountants and/or the general accuracy of returns and declarations, either as a routine operation, or where evasion is suspected.

Auction: A mechanism used by the Stock Exchange to fulfill its obligation to the buyer of a security.

Breadth of Market: The percentage of stocks participating in a particular market move.

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You could further allocate your stock funds into value, growth, foreign, etc.An option position's break-even point(s) are generally calculated for the options' expiration date.

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