Define backdating options

As of 2014, the General Social Survey estimated that 7.2 employees held stock options, plus probably several hundred thousand employees who have other forms of individual equity.That is down from its peak in 2001, however, when the number was about 30% higher.Larger, publicly traded companies such as Starbucks, Southwest Airlines, and Cisco now give stock options to most or all of their employees.Many non-high tech, closely held companies are joining the ranks as well.This means they must wait for the stock to appreciate before making any money.(For more insight, see ) Although it may appear shady, public companies can typically issue and price stock option grants as they see fit, but this will all depend on the terms and conditions of their stock option granting program. (Stock Exchange) commerce the right to buy (call option) or sell (put option) a fixed quantity of a commodity, security, foreign exchange, etc, at a fixed price at a specified date in the future.See also traded optionballoting, vote, voting, ballot - a choice that is made by counting the number of people in favor of each alternative; "there were only 17 votes in favor of the motion"; "they allowed just one vote per person"The consequence of this is, that though in theory their resolutions concerning those objects are laws, constitutionally binding on the members of the Union, yet in practice they are mere recommendations which the States observe or disregard at their Hence, the number of representatives in the two cases not being in proportion to that of the two constituents, and being proportionally greater in the small republic, it follows that, if the proportion of fit characters be not less in the large than in the small republic, the former will present a greater I thought it would have been so pleasant to have looked out upon a garden planted with flowers and trees, so amusing to have watched the demoiselles at their play; to have studied female character in a variety of phases, myself the while sheltered from view by a modest muslin curtain, whereas, owing doubtless to the absurd scruples of some old duenna of a directress, I had now only the to concoct a liquid that should prolong life for years, perhaps interminably; but that it would produce a discord in Nature which all the world, and chiefly the quaffer of the immortal nostrum, would find cause to curse.

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Law360, New York (June 15, 2006, AM EDT) -- It is virtually impossible to pick up a newspaper these days and not see an article about the ever-growing list of companies being caught up in investigations concerning allegations of backdated stock options.

Despite the attention paid to this issue, little has been written explaining why backdating options is problematic and potentially illegal.

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co.

Do you ever wish that you could turn back the hands of time?