stock option

/stɑk_'ɑpʃən/ noun
11 letters19 points in Scrabble®22 points in WWF®
DEFINITIONS2
NOUN
1

A benefit given by a company to an employee in the form of an option to buy stock in the company at a discount or at a fixed price.

“stock options are not much use as an incentive if the price at which they can be exercised is out of reach”

2

The right to buy or sell a stock at a specified price within a stated period.

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