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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

reload option  

Definition 1.

An employee stock option granted upon the exercise of an option using shares already in the holder's possession. The reload option expires on the same date as the original option and its exercise price is equal to the price of the stock upon exercise of the original option.
 

Definition 2.

An employee stock option that grants additional options upon exercise of the original.
 
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