stock option

US /ˈstɑːk ˌɑːp.ʃən/
UK /ˈstɑːk ˌɑːp.ʃən/
"stock option" picture
1.

the right to buy or sell a stock at a specified price within a specified period of time

:
Many tech companies offer stock options to their employees as part of their compensation package.
Exercising a stock option allows an employee to purchase company shares at a predetermined price.