Underwater

Business / Taxes / Underwater: You’re underwater when your employee stock options are out-of-the-money and so currently worthless. For example, if you have options to buy your company stock at a strike price of $50, and the stock is currently trading at $30, you’re $20 underwater on each option. You can see how the next step may be drowning — financially speaking, of course. The term underwater is also used to describe situations where the principals are unable to meet their financial obligations. For example, if an investor is unable to meet margin calls on a margin account that has lost a considerable amount of money, the account is said to be underwater. Similarly a firm that is having financial difficulty is described as underwater.

Underwater Painting

Life Style / Painting / Underwater Painting: A technique has been evolved by Antonio de Havo in 1977 for working submerged. He mixes his colours with oil, glycerine and wax, and paints on panels that have been waterproofed. Wearing a frogman's o MORE

Hydrotherapy

Health / Massage / Hydrotherapy: Although ancient Greece and Rome both adopted the beliefs that water had healing properties, it was the Romans to first integrate hydrotherapy into their social life, building temples and baths near n MORE

Tsunami

Science / Geology / Tsunami: A large sea wave normally produced by sudden movement of the ocean floor caused by an earthquake or volcanic eruption. These waves can travel at high speeds across an ocean basin and cause great destr MORE

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