phantom stock


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.

Nearby words

  1. phantom circuit,
  2. phantom corpuscle,
  3. phantom limb,
  4. phantom limb pain,
  5. phantom pregnancy,
  6. phantom tumor,
  7. phantom withdrawal,
  8. phar.,
  9. phar.b.,
  10. phar.d.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019