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phantom stock

American

noun

an employee bonus expressed as the cash value of a specified amount of company stock to be received at a future date, meant to create employee interest in raising stock prices without giving any stock away.

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phantom stock

News Corp tried to put together a "phantom stock" for Myspacers but that didn't work and lasted only a year.

From Reuters ● Apr. 7, 2011

Fifth Third spokesman Debra DeCourcy said a portion of the base salary included "phantom stock," shares that have been granted to him, but that he cannot sell until 2011.

From Reuters ● Apr. 5, 2010

Some favorites: reimbursement for entertaining at home, consultation with company lawyers and "phantom" stock options, which have no expiration date.

From Time Magazine Archive

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023