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Ian, a senior employee, has been assigned a task by his manager, Miranda. He has been asked to monitor the activities of some new employees in the team and report to her if he finds them engaged in activities that are not work related. Ian finds that the new employees were spending far too much time on social networking sites at work. However, instead of reporting this to Miranda straightaway, he advises the new employees to refrain from using those sites in the future. Moreover, he tells Miranda that the new employees were doing their work effectively. In this scenario, Ian has engaged in
Early Retirement
Opting to retire before the conventional retirement age, often with specific eligibility criteria.
Gain or Loss
Represents the difference between the sale price and the purchase price of an asset, where it is a gain if the sale price is higher and a loss if the purchase price is higher.
Redeemed
The process of repaying or buying back securities or bonds before their maturity date.
Face Value
Is the nominal value or dollar value stated on a financial instrument, such as a bond or a stock.
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