The right to purchase a specific number of company stock shares at a specific period of time for a specific price is known as a(n):
A)stock option.
B)optional incentive.
C)mega-option grant.
D)employee stock ownership plan.

Question

Quizplus · Accepted Answer

A stock option is a financial instrument that gives the holder the right to purchase company stock at a predetermined price within a specific time frame.

The Right to Purchase a Specific Number of Company Stock