open enrollment
A set period of time each year when you are allowed to sign up for or make changes to benefits like health insurance. Outside of this window you generally cannot make changes unless you have a major life event like losing a job.
A definition says what a thing is; it never says whether it fits you. The guides explain how it works and name the professional who confirms it for a particular person. The No Advice Disclosure.
Words beside it
- Open interest
The number of option contracts outstanding for a given strike and expiration.
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