Home > Terms > English, UK (UE) > Employee stock ownership plan (ESOP)
Employee stock ownership plan (ESOP)
A trust fund or plan that invests in the securities of the firm sponsoring the plan on behalf of the firm's employees. Such plans are generally defined contribution employee-retirement plans.
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- Part of Speech: noun
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- Industry/Domain: Banking; Business services
- Category: Mergers & acquisitions
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