________ is the right to buy a certain number of the corporation's shares at a specified future date for a specified price.

Question

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A stock option is the right to buy a certain number of the corporation's shares at a specified future date for a specified price. This is a type of stock-based compensation, but not a stock grant, which is the award of shares of stock outright. Pay for performance refers to a compensation approach where rewards are based on an individual's job performance.

________ Is the Right to Buy a Certain Number of the Corporation's