What Does Phantom Stock Plan Mean?

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What does Phantom Stock Plan mean? Read on to discover the definition & meaning of the term Phantom Stock Plan - to help you better understand the language used in insurance policies.

Phantom Stock Plan

Phantom Stock Plan

A phantom stock plan is an employee benefit that is often given to the upper echelon of a company as a form of incentive. It promises to give the employee an amount of money at a certain point, based on the rising value of company stocks.

We hope the you have a better understanding of the meaning of Phantom Stock Plan.

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