Export Administration Act (EAA) Of 1979

Business / Agriculture / Export Administration Act (EAA) Of 1979: P.L. 96-72 (September 29, 1979) provides legal authority to the President to control U.S. exports for reasons of national security, foreign policy, and/or short supply. However, the FACT Act of 1990 (P.L. 101-624) provides for contract sanctity by prohibiting the President from restricting the export of any agricultural commodity already under contract for delivery within 270 days from the date the embargo is imposed, except during national emergency or war. With the expiration of EAA in 1994, the President declared a national emergency and exercised authority under the International Emergency Economic Powers Act to continue the EAA export control regulations then in effect by issuing Executive Order 12924 on August 19, 1994, last extended by the Presidential Notice of August 13, 1998.

Other Words for Act

Act Verb Synonyms: behave (oneself), carry on, deport oneself, comport oneself, conduct oneself
Act Noun Synonyms: deed, action, undertaking, operation, step, move, feat, exploit, accomplishment, achievement

Other Words for Administration

Administration Noun Synonyms: management, direction, conduct, supervision, oversight, superintendence, regulation, charge

Out-Of-The-Money Option

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

Outside Of You

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 up MORE