/ English Dictionary |
STOCK PURCHASE PLAN
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
An organized plan for employees of a company to buy shares of its stock
Classified under:
Nouns denoting cognitive processes and contents
Hypernyms ("stock purchase plan" is a kind of...):
plan; program; programme (a series of steps to be carried out or goals to be accomplished)
Hyponyms (each of the following is a kind of "stock purchase plan"):
employee stock ownership plan; ESOP (a program under which employees regularly accumulate shares and may ultimately assume control of the company)