- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
Options Report marks an option as near-the-money if it is 5 percent out-of-the money or closer. This is done by comparing the strike price of the option to the current market price of the underlying security.
Industry:Financial services
In a Restricted Stock plan, participants receive shares, subject to certain restrictions, from the company without cost or at a price determined by the company. A restricted stock typically vests in increments over a period of several years. Dividends or dividend equivalent rights may be paid, and award holders may have voting rights, during the restricted period.
Industry:Financial services
The total number of exercisable options in your employee stock option plan recordkeeping account.
Industry:Financial services
Represents the negotiability of the security when it is transferred out of the account (e.g. whether negotiable, and if so, under what conditions).
Industry:Financial services
For participants in employee stock option plans:
The price of your Restricted Shares on the day the restriction lapses.
Industry:Financial services
A contract that, in exchange for the option price, gives the option buyer the right, but not the obligation, to buy (or sell) a financial asset at the exercise price from (or to) the option seller within a specified time period, or on a specified date (expiration date).
Industry:Financial services
The amount payable or due on a trade after reducing all fee charges.
Industry:Financial services
The following accounts are eligible retirement accounts for Merrill Lynch Direct: IRA, IRA Rollover (IRRA), and Roth IRA.
'''Individual Retirement Account (IRA)'''
The traditional IRA permits individuals to make annual contributions of up to $3,000 (effective for 2002) or 100% of earned income, whichever is less. Contributions may be tax deductible (if certain conditions are met). Amounts contributed and earnings grow tax-deferred, and are not subject to ordinary income tax until withdrawn. Beginning in 2002, individuals age 50 and over, are permitted to make additional "catch-up" contributions in the amount of $500. Required minimum distributions apply once an individual reaches age 70 ½. Distributions prior to age 59 ½ are subject to a penalty, unless an exception applies.
'''Individual Retirement Rollover Account (IRRA)'''
The IRRA is a traditional IRA that holds part or all of a distribution received from a qualified plan. This account is appropriate for individuals who wish to maintain a separate IRA for those assets, which were previously distributed from a qualified plan .
'''Roth Individual Retirement Account (IRA)'''
The Roth IRA permits individuals to make non-deductible, annual contributions of up to $3,000 (effective for 2002) or 100% of earned income, if less. Married couples filing jointly can contribute up to $6,000 (or 100% of earned income, if less). Contribution limits may be further reduced if modified adjusted gross income (MAGI) is above certain amounts and eligibility to make Roth IRA contributions phases out depending on MAGI levels. Beginning in 2002, individuals age 50 and over are permitted to make additional "catch-up" contributions in the amount of $500. Additional restrictions apply if contributions are also made to a traditional IRA. While your annual contribution is not deductible, any earnings grow advantaged, which can help produce a greater total return over the long term. After five years, withdrawals taken at retirement or for other qualified purposes may be tax-free.
Industry:Financial services
The number of stock options available to you for exercise.
Industry:Financial services
The market value of a single share of an open end mutual fund. It is calculated by subtracting the fund's liabilities from its assets, and then dividing the result by the number of shares outstanding.
Industry:Financial services
