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Describe how adaptation is used to further development, according to Piaget's cognitive-developmental theory.
Rebalancing
Realigning the proportions of assets in a portfolio as needed.
In-the-money
A term used in options trading to indicate that an option has intrinsic value, meaning it is profitable to exercise.
Intrinsic Value
The actual, fundamental value of an asset, based on underlying perceptions of its true value including all aspects of the business, in terms of both tangible and intangible factors.
Call Option
A financial contract giving the buyer the right, but not the obligation, to purchase a stock or other asset at a set price within a specific time period.
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