Jun 042021

Current compensation that is never taxed

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May 252021

The portion of the option premium that is attributable to the amount of time remaining until the expiration of the option contract. Time value is whatever value the option has in addition to its intrinsic value. The premium of an out-of-the money option constitutes the time value (because there is zero intrinsic value) of the option and reflects the probability that the option will move into-the-money before expiration. There also may be some time value in the premium of an in-the-money option, which reflects the probability of the option moving further into the money. See Intrinsic Value

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Apr 282021

The difference between total actual cost incurred and total standard cost for the output produced during the period

Today I spent the whole afternoon in meetings, then came out and penned a couple of descriptions. Phew. Time for a run now.

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