stock option

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stock option

n. the right to purchase stock in the future at a price set at the time the option is granted (by sale or as compensation by the corporation). To actually obtain the shares of stock the owner of the option must "exercise" the option by paying the agreed upon price and requesting issuance of the shares. (See: stock, share, option)

References in periodicals archive ?
Stock options for employees fall into three major categories: Incentive stock options, nonqualified stock options and restricted stock.
Incentive stock options must be granted pursuant to a plan approved by the shareholders of the corporation granting the options within 12 months before or after the date on which the plan is adopted.
International Resource News-February 24, 2014--Bear Creek Mining grants 1,292,500 incentive stock options
Bear Creek Mining (TSXV: BCM)(BVL: BCM), a company acquiring, exploring, and developing mineral properties, has granted 2,576,200 incentive stock options.
Bear Creek Mining (TSX Venture: BCM )( BVL: BCM), a company that has completed a Pre-Feasibility Study on its Corani Silver Project, has announced that the board of directors has authorised the grant of 340,000 incentive stock options.