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The ____________________ states that even the most democratically inclined organizations gradually evolve into being run by a small elite.
Intrinsic Value
The perceived or calculated true value of an asset, investment, or company, based on fundamentals, without regard to market value.
Call Option
A financial contract giving the buyer the right, but not the obligation, to buy a specified amount of an underlying asset at a predetermined price within a specified time frame.
At The Money
A situation in options trading where the strike price of an option is equal to the market price of the underlying asset.
Out Of The Money
Describes an options contract that would not yield a profit if exercised at the current market level.
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