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stock option
US
UK
noun
plural ~ -tions
[count] US :a right that is given by a company to an employee that lets the employee purchase stock in the company usually for a price that is lower than the normal price - usually plural
He
decided
to
exercise
his
stock
options
. [=
he
decided
to
buy
stock
in
the
company
that
he
works
for
] -
called
also
(
Brit
)
share
option