| 单词 | long-term incentive plan (LTIP) |
| 释义 | long-term incentive plan (LTIP)Definition A system that companies use to reward long-term employee performance. The employee who fulfills specific conditions may be awarded company shares at no cost or a cash bonus. Company shares are the common incentive, and they are often distributed in half shares. Half are given immediately, and the other half are awarded after a certain date. |
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