While downhill skiing isn't without exercise value, it often leaves endurance athletes wanting.
The UK decided not to impose such a threshold after a consultation exercise highlighted the value of offering the relief to the fast-growing smart device video games market.
That's because options are taxed as earnings when they're exercised, based on the difference between the exercise price and the value of the stock.
But, as governments became less malevolent, an exercise designed to extract value from the populace became one whose purpose was to improve the quality of administration.
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It can happen if, say, the stock price and the exercise price are so close that the option holder sees no value in paying the commissions to exercise.
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Fortunately, foundations are increasingly recognizing the value of this exercise and are often willing to fund the process.
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Mr Cable told BBC One's Andrew Marr Show the value of this exercise was to "look at the alternatives".
Although the avalanche is not real, the camaraderie and shared experience it inspired is genuine, Carter said, which is the true value of the exercise.
This value-assessment exercise is sometimes official and at other times informal.
Stock options with an exercise price of fair market value or higher on the grant date qualified as cap-exempt performance-based compensation, while service-vested restricted stock did not.
For such an exercise, banks would have to value these bonds not at their expected long-term values but at the current depressed market values.
Most options were plain vanilla, with an exercise price equal to fair market value on the date of grant, ten-year terms and a three- to four-year vesting period.
Ordinarily, with nonqualified options, the value of the stock over the exercise price is taxed as salary.
And mark-to-market accounting meant that banks were valuing illiquid assets at prices which reflected a lack of buyers as much as underlying credit quality (accounting-standards bodies have since been bullied into allowing bankers to exercise more judgment in how they classify and value such assets).
Consider the time value of tax money on an NQSO exercise.
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Therein lies the real value of the business plan: it is the exercise an entrepreneur completes with her team to help figure out exactly what to do.
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To conduct the Plate Exercise, rank each major project or initiative according to its strategic value, understanding that your definition of strategic value will be unique to your organization.
So, relying on fair value as a market argument would seem to be a costly exercise.
These participants ranked things -- friends, family, a hobby or a religious value -- that were important to them and wrote down a few sentences about why their top-ranked value was important (this is a standard self-affirmation exercise, Creswell says).
By putting a dollar value on everything from bauxite to brainpower, the UN's exercise makes all three kinds of capital comparable and commensurable.
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Though options generally have a lengthy exercise period to allow the holders to see if the shares are increasing in value, upon termination of the employment relationship or as the option nears expiration, the holder may have to make a quick investment decision.
While originally developed primarily as a design exercise, in my experience contextual design also adds immensely to development of the marketing value proposition.
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For example, such an exercise might suggest that a sharp change in asset prices would not only affect the value of a particular firm's holdings but also impair liquidity in key markets, with adverse consequences for the ability of the firm to adjust its risk positions or obtain funding.
In other words, because of the European-style exercise and the mean-reversion of volatility, VIX options will often trade at lower value than what seems appropriate during periods of high volatility (and vice versa in low volatility periods), particularly early on in the term of the option.
Collected through a market research exercise, top-down Net Promoter scores can give you insight into which elements of your value proposition or delivery offer the greatest opportunity for impacting customer loyalty, revenue growth and profitability.
Often they will exercise the options and sell the stock simultaneously, in which case they are taxed on the gain in the value of the stock as ordinary income.
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However after a nine-week hearing Mr Justice Supperstone accepted that the council was entitled to bring the competitive tendering exercise to a close and then to develop the arena itself when other bids were found not to be good value for money.
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