HyperDic: employee_stock_ownership_plan

English > 1 sense of the expression employee stock ownership plan:
NOUNcognitionemployee stock ownership plan, ESOPa program under which employees regularly accumulate shares and may ultimately assume control of the company
English > employee stock ownership plan: 1 sense > noun 1, cognition
MeaningA program under which employees regularly accumulate shares and may ultimately assume control of the company.
SynonymESOP
Broaderstock purchase planAn organized plan for employees of a company to buy shares of its stock

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