ESOP

[ ee-sop ]

noun

1. a plan under which a company's capital stock is acquired by its employees or workers.

Word History and Origins

Origin of ESOP¹

1970–75; e(mployee) s(tock) o(wnership) p(lan)

Example Sentences

It is true that Esop was not to be his principal study: the fables were soon laid aside, and truth alone engaged Luther.

From Project Gutenberg

The sage Chilo asked Esop what God was doing, and he answered that he was “depressing the proud and exalting the humble.”

From Project Gutenberg

Esop boils one pea and sets it before Xanthus, who tastes it and bids him serve up.

From Project Gutenberg

At Ephesus the merchant sells all his slaves, excepting a musician, a scribe, and Esop.

From Project Gutenberg

Asking the scribe and the musician what they know, their answer is, “Everything,” upon which Esop laughs.

From Project Gutenberg