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ESOP

American  
[ee-sop] / ˈi sɒp /

noun

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

Etymology

Origin of ESOP

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

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.