employee stock ownership plan


employee stock ownership plan
employee stock ownership plan n: esop

Merriam-Webster’s Dictionary of Law. . 1996.

employee stock ownership plan
n.
A kind of employee retirement benefit plan in which the employees own shares in the employer’s company, often receiving contributions from the employer, and only recognize income from the shares upon collecting the proceeds at retirement.
abbrv.
ESOP

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


employee stock ownership plan
+ Employee Stock Ownership Plan (ESOP)
USA
A defined contribution plan which is designed to invest primarily in the plan sponsor's securities. An ESOP is generally used as a financing vehicle for the plan sponsor.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • employee stock ownership plan — ( ESOP) A company contributes to a trust fund that buys stock on behalf of employees. Bloomberg Financial Dictionary * * * Employee Stock Ownership Plan Employee Stock Ownership Plan ➔ ESOP * * * employee stock ownership plan UK US noun [C] (UK… …   Financial and business terms

  • employee stock ownership plan — noun a program under which employees regularly accumulate shares and may ultimately assume control of the company • Syn: ↑ESOP • Hypernyms: ↑stock purchase plan …   Useful english dictionary

  • Employee Stock Ownership Plan — (ESOP) A type of qualified profit sharing plan that invests in securities of the employer. Such plans acquire shares of the employer corporation for the benefit of employees usually through contributions of the employer to the plan. In a… …   Black's law dictionary

  • Employee Stock Ownership Plan — (ESOP) A type of qualified profit sharing plan that invests in securities of the employer. Such plans acquire shares of the employer corporation for the benefit of employees usually through contributions of the employer to the plan. In a… …   Black's law dictionary

  • Employee Stock Ownership Plan — (ESOP)  A company program fostering employee purchases of stock. ESOPs have sometimes been used by management to divest a company of unwanted divisions, selling them to the employees, using their retirement funds …   American business jargon

  • Employee Stock Ownership Plan - ESOP — A qualified, defined contribution, employee benefit (ERISA) plan designed to invest primarily in the stock of the sponsoring employer. ESOPs are qualified in the sense that the ESOP s sponsoring company, the selling shareholder and participants… …   Investment dictionary

  • Employee stock ownership plan (ESOP) — A company contributes to a trust fund that buys stock on behalf of employees. The New York Times Financial Glossary …   Financial and business terms

  • Leveraged Employee Stock Ownership Plan - LESOP — An equity compensation system in which the sponsoring company typically leverages its credit to borrow money, which it then uses to fund the plan, in order to purchase company shares from the company s treasury. The shares are used for the… …   Investment dictionary

  • employee share ownership plan — UK US noun [C] UK (US employee stock ownership plan) FINANCE, HR ► a benefits plan in which employees own a percentage of their company’s shares, which are bought and managed for them by a trust (= separate organization): »An employee share… …   Financial and business terms

  • employee share ownership plan — ESOP A method of providing the employees of a company with shares in the company. The ESOP buys shares in its sponsoring company, usually with assistance from the company concerned. The shares are ultimately made available to employees, usually… …   Accounting dictionary