Stock Appreciation Right

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Stock Appreciation Right (SAR)

A contractual right, often granted in tandem with an option that allows an individual to receive cash or stock of a value equal to the appreciation of the stock from the grant date to the date the SAR is exercised.

Stock Appreciation Right

A bonus that an employer pays an employee equal to the price appreciation on the company's stock over a given period of time. This is much like an employee stock option. The primary difference is that the employee does not have to actually buy stock; that is, he/she does not have to pay anything. Rather, the employee simply receives the cash or stock bonus in the specified amount.

stock appreciation right

Executive compensation that permits an employee to receive cash or stock equal to the amount by which the firm's stock price exceeds a specified base price.
References in periodicals archive ?
Close person-to-person contact appears to be the primary way of spreading the SARS virus.
Recent studies have reported that the clinical course is less severe in pediatric SARS patients than in adult SARS patients (8,9).
after a major outbreak of SARS or a similar communicable disease.
In addition, patient information sheets are made available to arriving passengers to inform them that they were in an affected area and provide information about the symptoms of SARS and what steps they should follow should they become ill.
SARS does, however, represent a genuine opening of the kind that Chinas fledgling independent media are adept at exploiting.
Students returning from traveling abroad should be told to inform health care providers of their recent travel or exposure, and seek medical care immediately if symptoms of SARS develop.
So far, SARS mostly has impacted the travel and tourism industries in the Asia-Pacific region, but some business closings and quarantines of workers have been reported in Singapore and Hong Kong, raising questions about whether business interruption and workers' compensation insurance, among other lines, might be affected.
When SARS was first identified, potential host animal species were unknown, as was the risk of transmission between animals and humans.
Michael Farzan of Brigham and Women's Hospital in Boston and his colleagues went fishing for the receptor with a lure made of the molecule on the surface of the SARS virus that docks with the cell's receptor.
The selected precincts had 171 (29%) SARS cases and 1,210 (23%) persons quarantined in the district.
Although Severe Acute Respiratory Syndrome, or SARS, isn't an epidemic in the United States, building owners and managers should develop a protocol for addressing the issue if cases of the disease become more prevalent, said a speaker at a seminar on the issue.