promote
n.— «The outside accountants also found that Tom, Nick and Penny had been awarded large equity stakes, known in Pritzker parlance as “promotes,” on deals financed with family money.» —“Inside the Pritzker family feud” by Susan Chandler, Kathy Bergen Chicago Tribune June 12, 2005. (source: Double-Tongued Dictionary)
Further reading
The word filibuster has a long and colorful history, going back to the days when pirates roamed the high seas. Today it refers to hijacking a piece of legislation. Plus, the language of yoga teachers: When doing a guided meditation, you may hear...
An anadrome is a word that forms a whole new word when you spell it backwards. For example, the word “stressed” spelled backwards is “desserts.” Some people’s first names are anadromes. There’s the girl named Noel...