Definitions
There are 2 meanings of the phrase
Stock Option.
Stock Option - as a noun
The right to buy or sell a stock at a specified price within a stated period
Hypernyms (Closely Related)
optionHyponyms (Broadly Related)
A benefit given by a company to an employee in the form of an option to buy stock in the company at a discount or at a fixed price
Example: "Stock options are not much use as an incentive if the price at which they can be exercised is out of reach"
Example Sentences
"He exercised his stock option and bought 100 shares of the company's stock."
"The executive was granted a stock option as part of his compensation package."
"Employees eagerly awaited the announcement of their annual stock option grants."
"She sold her stock options before the market downturn."
"The stock option plan allowed employees to purchase company shares at a discounted price."