Simple English definitions for legal terms
Read a random definition: granting clause
ISO stands for Incentive Stock Option or Insurance Services Office. Incentive stock option is a type of stock option that companies offer to their employees as a form of compensation. Insurance Services Office is a company that provides statistical and actuarial information to insurance companies to help them determine rates and policies.
Definition: ISO is an abbreviation that can have two meanings:
Both of these definitions are important in different contexts. Incentive stock options are a way for companies to reward and retain employees, while Insurance Services Office provides valuable information to insurance companies to help them make informed decisions.