ESOP

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noun \ˌē-ˌes-(ˌ)ō-ˈpē, ˈē-ˌsäp\

Definition of ESOP

  1. :  a program by which a corporation's employees acquire its stock

Origin and Etymology of esop

employee stock ownership plan


First Known Use: 1975


Law Dictionary

ESOP

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noun \ˌē-ˌes-ˌō-ˈpē\

Legal Definition of ESOP

  1. :  a program by which a corporation's employees may acquire its capital stock

Origin and Etymology of esop

employee stock ownership plan

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