NOUN | cognition | stock purchase plan | an organized plan for employees of a company to buy shares of its stock |
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Meaning | An organized plan for employees of a company to buy shares of its stock. | |
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Narrower | employee stock ownership plan, ESOP | A program under which employees regularly accumulate shares and may ultimately assume control of the company |
Broader | plan, program, programme | A series of steps to be carried out or goals to be accomplished |
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