Glossary > R

R

Real-Time Price
This is one of the alternative methods indicated for determining the fair market value of stock acquired through option exercises. This value means that your stock option plan uses the market price for the stock at the time of your exercise to calculate the: Taxable gain and withholding taxes for non-qualified stock options.

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Residual
The balance remaining from your last Employee Stock Purchase Plan (ESPP) purchase that may be used as a contribution toward your next purchase.

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Residual Balance After Purchase
The dollar amount that remains in an Employee Stock Purchase Plan after the purchase for the offering period.

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Routing Code
A number identifying your banking institution. For US financial institutions, the ABA Number is the most widely-used routing code. Most other countries use the BIC/SWIFT Code. The United Kingdom, however, uses the CHAPS Sort Code, and Australia uses the BSB Code.

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