Public-domain · open source
OpenJurist

lowest qualified bench mark

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 1092 — for purposes of this section

Except as otherwise provided in this subparagraph, for purposes of subparagraph (C), the term “lowest qualified bench mark” means the highest available strike price which is less than the applicable stock price.