phantom share

English

Noun

phantom share (plural phantom shares)

  1. (finance) A share of phantom stock.
    • 2004, F. Peter Boer, Technology Valuation Solutions, John Wiley & Sons, →ISBN, page 93:
      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.
    • 2016, Peter Leach, Family Enterprises: The Essentials‎, Profile Books, →ISBN:
      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.
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