stock incentive plan
noun[C]
FINANCE,STOCK MARKET,HRukus(abbreviationSIP);(alsoshare incentive plan)anarrangementwhereemployeesown apercentageoftheircompany’ssharesso that they makemoneywhen thecompanymakes aprofit:
He willcontinuetodeferthereceiptofsharesreceivedunder a 2007stockincentiveplanfordirectors.
See also
employee share ownership plan