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Extensible Markup Language  |  2003-06-18  |  512b  |  4 lines

  1. <?xml version="1.0"?>
  2. <?xml-stylesheet type='text/xsl' href='hhSnglTrm.xsl'?>
  3. <term sku="core" tNum="286990" author=""><title><![CDATA[Employee stock option grant]]></title><definition>An options contract given by a corporation to employees that allows the employees to purchase shares of the corporation's capital stock at a specified strike price. When the stock price rises, employees make a profit by exercising the option (buying the stock) and selling the stock at the higher price.</definition></term>
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