Examples of ESOP in a Sentence
Recent Examples on the Web
In 2017, the company sold itself to its employees, through a financial transaction known as an ESOP (Employee Stock Ownership Plan).
—
Emma Goldberg, New York Times, 10 Feb. 2024
The company has 19,000 employees and about 23% of the company is owned by full-time employees in an ESOP.
—Maria Halkias, Dallas News, 28 June 2023
An owner can enjoy several tax advantages when employing an ESOP, including postponing or avoiding capital gains tax on the sale of stock, reducing or eliminating the corporate income tax and using cash dividends paid on ESOP stock as a tax deduction.
—Gerry Spitzer, Forbes, 20 Apr. 2023
Razorpay is spending $75 million on its biggest employee stock ownership plan (ESOP) buyback yet.
—Ananya Bhattacharya, Quartz, 12 May 2022
Emma Goldberg, New York Times, 10 Feb. 2024
The company has 19,000 employees and about 23% of the company is owned by full-time employees in an ESOP.
—Maria Halkias, Dallas News, 28 June 2023
An owner can enjoy several tax advantages when employing an ESOP, including postponing or avoiding capital gains tax on the sale of stock, reducing or eliminating the corporate income tax and using cash dividends paid on ESOP stock as a tax deduction.
—Gerry Spitzer, Forbes, 20 Apr. 2023
Razorpay is spending $75 million on its biggest employee stock ownership plan (ESOP) buyback yet.
—Ananya Bhattacharya, Quartz, 12 May 2022
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'ESOP.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near ESOP
Cite this Entry
“ESOP.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/ESOP. Accessed 24 Apr. 2024.
Copy CitationLegal Definition
ESOP
noun
: a program by which a corporation's employees may acquire its capital stock
Etymology
employee stock ownership plan
Love words? Need even more definitions?
Merriam-Webster unabridged
Share