ISO

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ISO

International Organization for Standardization

A non-governmental organization that sets standard codes for countries and currencies. ISO sets the ISO 3166 codes for countries and provinces, which are used in international banking transactions and shipping. Likewise, it sets the ISO 4217 codes for individual currencies. ISO has its headquarters in Geneva, Switzerland, and, because its standards are usually adopted into the law of member states, it is more powerful than most other NGOs.

Incentive stock option (ISO).

Corporate executives may be granted incentive stock options (ISOs), also called qualifying stock options. These options aren't taxed when they're granted or exercised, but only when the underlying shares are sold.

If, after exercising the options, participating executives keep the shares for the required period, any earnings from selling the shares are taxed at the owner's long-term capital gains rate.

However, stock option transactions may make sellers vulnerable to the alternative minimum tax (AMT).

ISO

see INTERNATIONAL STANDARDIZATION ORGANIZATION.
References in periodicals archive ?
Layer 3 switches, for example, use information from the network layer, or Level 3 of the OSI model, to route packets at wire speed, raising performance to the millions-of-packets-per-second range, compared with thousands of packets per second with software routers.
Protocols providing the functions of layers 3 and 4 of the OSI model, in contrast, detect and correct the loss as soon as it occurs.
His whitepaper, "Three Undocumented Layers of the OSI Model and Their Impact on Security," details a broad spectrum of security threats that may be posed by these powerful influencers.
Inventory management, for instance, is "not covered at all" in the OSI model, he says.
Michael Scheidell Will Discuss How New Layers of OSI Model Influence Security Decisions
25 protocol conforms to OSI compatibility requirements, defining the first three layers of the OSI model.
By enforcing deep packet inspection in concert with Application Proxy firewall technology, WatchGuard Firebox X appliances inspect all seven layers of the OSI model, thus providing unmatched, holistic network security.
Basic networking concepts and topologies, the OSI model and the main functions of each model layer