stock appreciation right

stock-appreciation right. (usu. pl.) A right, typically granted in tandem with a stock option, to be paid the option value (usu. in cash) when exercised along with the simultaneous cancellation of the option. — Abbr. SAR. [Cases: Corporations 116. C.J.S. Corporations §§ 233–240, 242.]

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词条贡献者

资深译员Barbara，毕业于国内顶尖的高级翻译学院，擅长翻译各类与兼并收购相关的法律文件。