Just did a question from Kaplan using these two terms. First time saw them so I didn’t know what to write at first. Just want to see if you have seen these are being used in other places.
"From a strategic perspective , the employer stock allocation should be reduced. As a percentage, it is too large and represents a concentrated position. Also, it is too risky to have financial assets tired to her employment and human capital.
From a tactical perspective , it is restricted stock and cannot currently be sold."
Thank you!