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
Sean in Oneonta, New York, says that when he was growing up in New Jersey, his family would pile in the car and set off on a surprise adventure, whether a short distance or long, and the kids would be told only that they were going on Buxtehude...
Penny in Savannah, Georgia, recalls that her father, a Navy veteran who served in the South Pacific, would say of someone who was clueless or didn’t know what he was talking about: That person doesn’t know if he’s punched, bored...