Wordnet 3.0
NOUN (2)
1.
the right to buy or sell a stock at a specified price within a stated period;
2.
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"
WordNet (r) 3.0 (2006):
stock option
n 1: the right to buy or sell a stock at a specified price
within a stated period
2: 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; "stock options are not much use as an incentive
if the price at which they can be exercised is out of reach"