Employee stock options— definition, example and pronunciation in USA and UK English

Noun (concept)
ESO (employee stock options)
the right given to members of staff to buy a certain number of company shares at a set price, or in place of a higher salary
Employee stock options are a popular form of compensation at startups, because while they may not have the financial means to pay high salaries yet, the possibility of a higher payout later on could be beneficial for both company and staff.