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An Individual Who Works at a Bookstore Routinely Takes Home

question 114

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An individual who works at a bookstore routinely takes home ballpoint pens and Post-it notes, uses the copy machine to make personal copies, and makes long-distance phone calls on the store's line. However, he would never consider stealing money from the cash register even if he knew he could get away with it. What is this behavior called?


Definitions:

Write A Strap

A derivatives trading strategy involving writing both a put and two call options on the same underlying asset with the same expiration date and strike price.

Stock Price

The current price at which shares of a particular company can be bought or sold in the stock market.

Net Profit

The amount of money a company earns after subtracting all expenses, taxes, and costs from its total revenue.

Upside Price Movement

The potential increase in the price of an asset or security from its current level.

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