Examlex
Two-Step Bidding/Negotiation is used in situations where inadequate specifications preclude the initial use of traditional competitive bidding.
Vesting Period
The time period over which an employee gains ownership of employer-provided stock or benefits, encouraging long-term commitment.
Equity-settled
Equity-settled refers to a type of transaction, often in the context of share-based compensation, where a company fulfills its obligation by issuing equity instruments to the counterparties.
Share-based Payment
A transaction where an entity receives goods or services as consideration for its equity instruments or by incurring liabilities for amounts based on the price of the company's shares.
AASB 2
An accounting standard governing the recognition, measurement, and disclosure of share-based payments.
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