| / English Dictionary |
ESOP
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A program under which employees regularly accumulate shares and may ultimately assume control of the company
Synonyms:
employee stock ownership plan; ESOP
Classified under:
Nouns denoting cognitive processes and contents
Hypernyms ("ESOP" is a kind of...):
stock purchase plan (an organized plan for employees of a company to buy shares of its stock)
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