employee stock ownership plan

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Definitions from WordNet

Noun employee stock ownership plan has 1 sense

employee stock ownership plan, ESOP - a program under which employees regularly accumulate shares and may ultimately assume control of the company
--₁ is a kind of stock purchase plan

Definitions from the Web

Employee Stock Ownership Plan

Description:

An Employee Stock Ownership Plan (ESOP) is a retirement benefit plan offered by some companies, where employees are provided with stock ownership in the company. It gives eligible employees the opportunity to become shareholders, providing them with a vested interest in the company's success.

Example Sentences:

Jennifer decided to join the company because of its attractive employee stock ownership plan.
John has become a shareholder through the employee stock ownership plan and eagerly attends company meetings to stay updated about its progress.
The employee stock ownership plan encourages long-term commitment and loyalty among the employees.

Possible Related Products:

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