单词 | esop |
释义 | ESOP in American English (ˈisɑp) noun Employee Stock Ownership Plan: a compensation plan set up by a company and funded with its tax-deductible contributions by which qualified employees accumulate shares of the company's stock ESOP in Finance (isɒp) or employee stock option plan abbreviation (Finance: Investment, Stocks) An ESOP is a system by which some employees of a company have the right to buy shares in the company at a particular price. The firm didn't have a very meaningful retirement plan, so an ESOP was set up for the firm's 103 employees. Through an ESOP, a certain number of shares is reserved for purchase and issuance to key employees. An ESOP is a system by which some employees of a company have the right to buy shares inthe company at a particular price. |
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