dividend equivalent right

Dividend Equivalent Right

In some employee stock options, the right of a shareholder to take more shares in the company for which he/she works in lieu of dividends on the shares he/she already holds.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

dividend equivalent right

In incentive stock options, the right to a credit for additional shares for the value of dividends a firm pays on its shares.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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