Employee stock options are similar to exchange traded call options issued by a company with respect to its own stock. At any time before exercise, employee stock options can be said to have two components: time value and intrinsic value. Any remaining time value component is forfeited back to the company when early exercises are made.
An arithmetic logic unit (ALU) is a digital circuit used to perform arithmetic and logic operations. It represents the fundamental building block of the central processing unit (CPU) of a computer. Modern CPUs contain very powerful and complex ALUs. In addition to ALUs, modern CPUs contain a control unit (CU).
The sequence alu is found in numerous Elder Futhark runic inscriptions of Germanic Iron Age Scandinavia between the 3rd and the 8th century. The word usually appears either alone or as part of an apparent formula. The symbols represent the runes Ansuz, Laguz, and Uruz.