What Is an Outright Option?

An outright option is an options contract that gives the holder the right, but not the obligation, to buy or sell a specific asset at a specified price on or before a specified date. Outright options are traded on exchanges and can be used to speculate on the future direction of the underlying asset or … Read more

Generally Accepted Accounting Principles

Generally Accepted Accounting Principles (GAAP) are the set of standards established to reflect the image of the company. Thus, by the concept of generally accepted accounting principles, we interpret that all companies manage their own community rules and regulations on accounting to keep track of their assets. On the other hand, the General accounting plan … Read more