Saturday, October 24, 2015

Term of the Day: Phantom Stock Plan

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October 24, 2015
Phantom Stock Plan

An employee benefit plan that gives selected employees (senior management) many of the benefits of stock ownership without actually giving them any company stock. Sometimes referred to as "shadow stock."

Breaking It Down:

Rather than getting physical stock, the employee receives "pretend" stock. Even though it's not real, the phantom stock...

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