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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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).

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.


Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
* Work through cross-sector associations such as NISO to develop useful materials (something like an Authentication Management 101 course or primer) with vendors and other stakeholders.
The final approval of NISO standards is voted upon by the organization's membership.
Illuminating Standard for Read Only Optical Discs The National Information Standards Organization (NISO) announced the formal adoption this month of a new standard for compact read only optical discs, or CD-ROMs.
In 2015, NISO (National Information Standards Organization) hosted a series of discussions to address the complex relationship between library service providers and librarians for the purpose of formulating a framework that would strike the right balance between privacy protection and using patron usage data to improve library services.
In order to address these and other challenges faced by the informal sector, the Namibia Informal Sector Organisation (NISO) was launched in Windhoek this week.
This is surely, in part, down to "Niso", as he calls her, who was a Muslim student from the republic of Tajikistan studying English when he met her in WH Smith in Sloane Square, London in 2000 as she looked for John Grisham novels to help her pronunciation..