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A static budget is one that is geared to one level of activity.
Treasury Stock
Shares that were issued and subsequently reacquired by the issuing company, reducing the amount of outstanding stock on the company's balance sheet.
Balance Sheet
A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.
Stock Options
Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at an agreed-upon price within a certain period.
Stockholder Rights
The privileges and protections provided to shareholders of a company, including voting rights, dividends, and information access.
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