Hallie 
A horizontal spread is an options trading strategy that involves buying and selling options with different strike prices but with the same expiration date. The strike price is the price at which the option holder can buy or sell the underlying asset. The expiration date is the date on which the option expires and becomes … Read more
An obligation definition is a document that outlines the terms and conditions of an obligation that a company or individual has agreed to. This document typically includes information such as the amount of money owed, the interest rate, the date the obligation is due, and any other pertinent details. An obligation definition can be used … Read more
An “active participant status” is a designation given to an employee who is actively contributing to a retirement plan. This status is important because it determines whether an employee is eligible to receive certain benefits, such as a 401(k) match from their employer. In order to maintain active participant status, an employee must usually make … Read more
In the event that the administration of a company is attributed to a plurality of administrators, they may act in solidarity or jointly. The administrators will act jointly and severally, if each of them can dispose of the assets and liabilities of the company, contract obligations and acquire rights, without the need to concur to … Read more
