Business / Human Resources (HR) / Consolidated Omnibus Reconciliation Act (COBRA) Of 1985: Under the Consolidated Omnibus Budget Reconciliation Act of 1985, if an employee terminates employment with the company, the employee is entitled to continue participating in the company?€™s group health plan for a prescribed period of time, usually 18 months. (In certain circumstances, such as an employee?€™s divorce or death, the length of coverage period may be longer for qualified dependents). COBRA coverage is not extended to employees terminated for gross misconduct.
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Act Noun Synonyms: deed, action, undertaking, operation, step, move, feat, exploit, accomplishment, achievement
Act Verb Synonyms: behave (oneself), carry on, deport oneself, comport oneself, conduct oneself
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Reconciliation Noun Synonyms: conciliation, appeasement, propitiation, pacification, placation, rapprochement, reconcilement, understanding, d‚tente, reunion, harmony, concord, accord, amity, rapport
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Business / Finance / Out-Of-The-Money Option: A call option is out of the money if the strike price is greater than the market price of the underlying security. That is, you have the right to purchase a security at a price higher than the market MORE
Business / Finance / Outside Of You: Used for listed equity securities. Another order bidding for or offering stock at the same price that the trader has put on the floor himself, represented by another broker in the trading crowd. These MORE
Business / Taxes / Out-Of-The-Money: An option is out-of-the-money when the market price of an instrument on which you hold an option is not close to the strike price. Call options ?€” which you buy when you think the price is going MORE