An award of stock that is not transferable or subject to forfeiture for a period of years is called

Question

Quizplus · Accepted Answer

The term "restricted stock" refers to an award of stock that is not transferable or subject to forfeiture for a period of years. Phantom stock refers to a type of bonus plan where employees receive hypothetical shares of the company's stock without actually owning any. Treasury stock refers to shares of a company's own stock that have been repurchased by the company and are being held in its treasury. Preferred stock is a type of stock that typically pays a fixed dividend and has priority over common stock in terms of dividend payments and liquidation preferences.

An Award of Stock That Is Not Transferable or Subject