phantom share
Word Rarity
Rare
Frequency: Zipf frequency 3.76 in modern English
22
Scrabble Score
12
Letters
2
Syllables
10
Unique Chars
Meaning
noun
A share of phantom stock.
Example Sentences
- "If the founder is considered to hold phantom shares as a result of the Stage 0 success, the value of these shares is in principle the value of the project divided by the number of shares issued."
- "A phantom share option scheme is a bonus plan that feels like a share scheme. The executive is granted an option to buy phantom shares at the current value, and can exercise the option during a set period of time specified in the scheme rules."