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Regardless of the size of the innovation, the skill of the leader to implement change successfully will make the difference between success and failure.
Strike Call
A term that is likely confused with "call option," which is a financial contract giving the buyer the right, but not the obligation, to buy a stock or other asset at a predetermined price (the strike price) within a specific time frame.
Interest Rate
The fee, in the form of a percentage of the principal, that a lender requires from a borrower for the usage of assets.
Put Option
An agreement in finance that allows the owner to sell a predetermined quantity of a basic asset at an agreed-upon price during a defined period, though they are not required to do so.
Expiration
The end of an agreement or period, after which it is no longer valid or in effect.
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