ESOP
Americannoun
Etymology
Origin of ESOP
1970–75; e(mployee) s(tock) o(wnership) p(lan)
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Stockwell, who now works part-time for Stockwell Elastomerics, opted for a slightly different method of transferring ownership to the staff – an Employee Stock Ownership Plan or ESOP.
From BBC ● Jun. 14, 2026
The deal hinged on the creation of an employee stock ownership plan, or ESOP, a structure that would allow Tribune to avoid most federal income taxes.
From Los Angeles Times ● May 18, 2023
In their case, Cimarron was bought by another ESOP, called Folience, which made the transaction quicker.
From New York Times ● Oct. 23, 2020
In an ESOP, shares of the firm are put in a trust, which works like a retirement plan for the workers.
From Salon ● Nov. 20, 2019
Saladino was vacationing in Montana when a ski partner talked about an employee stock-ownership plan, or ESOP, that turned workers into owners.
From Seattle Times ● Jan. 21, 2017
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
