MONTHLY Definition

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MONTHLY is: a. Once a month; every month; from month to month; or, b. Done, produced, or occurring once a month. 

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STOCK OPTION is a contractual right granted by a company to the named holder of the option the right to purchase the companys stock at a fixed price stated on the stock option within a specified period of time. If the stock option is not exercised within the specified period of time, then the contractual right lapses.

PERPETRATE is to carry out an action, e.g., a crime.

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