Nonqualified Stock Option Definition
non-qualified stock option – n : often referred to by its
abbreviation (NSO); a type of stock option that is less advantageous for the
employer from a tax standpoint than an incentive stock option (ISO), but is
less restrictive and generally easier for employers to set up. Unlike ISOs,
which can only be granted to a company’s employees, NSOs can be granted to
non-employees (e.g., outside directors on a company’s board of directors, or
contractors) offshore
– adj :
from an American perspective, describing a business entity or activi ty that is
based or carried out
outside the United States
– v : to
outsource a business activity or function (e.g., back-office operations, IT
development, call
center, manufacturing, etc.) outside the United States ------------------------------------------------------------
Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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