“stock plan”

We have one entry that includes the term stock plan.

phantom stock plan

noun

: a form of executive compensation in which an employee is granted units representing shares of stock which are redeemable at a specified future date for the market value of an equivalent number of corporate shares but which in the interval are nontransferable, have no cash value, and confer none of the noneconomic rights (as voting) conferred by ordinary stock

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Listen to the pronunciation of flounder

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