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Define: Nil-Cost Option

The meaning of “Nil-Cost Option” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

Which definition should you use?

🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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What is the most popular definition of 'Nil-Cost Option'?

Nil-Cost Option means the right to acquire shares for no cost, either conditionally or unconditionally, after a specified activity has been completed