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stock option |
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stock optionContractual agreement entitling the holder to buy or sell a share of stock at a designated price for a specified period of time, regardless of changes in its market price during that period. The various kinds of stock options include put and call options, which may be purchased in anticipation of changes in stock prices, as a means of speculation or hedging. A put gives its holder an option to sell, or put, shares to another party at a fixed price even if the market price declines. A call gives the holder an option to buy, or call for, shares at a fixed price even if the market price rises. U.S. corporations often issue stock options to executives as a form of compensation in addition to salary, on the theory that an option is an incentive to improve the company's business and thus raise the value of its stock; at times such options have been far more valuable than the salary itself. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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No references found | Anita Holden, payroll manager at Meriden-based ESOS, was named the IPP Manager of the Year at the annual Payroll and Pensions Excellence Awards. The Australian Government has also announced a full review of the ESOS Act to be headed by Bruce Baird with an interim report due in November 2009. Under the ESOS Act, all international education providers had to be registered with the Commonwealth Register of Institutions and Courses for Overseas Students (CRICOS); registration with CRICOS could only be made with the approval of the state and territory governments. |
ESOS |
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