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{%type%} Definitions

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Short "hint"

n. - A program under which employees regularly accumulate shares and may ultimately assume control of the company.

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Usage examples (35)
  • The ESOP is a noncontributory plan that covers certain salaried and hourly employees of the Company.
  • The ESOP is a government program that allows employees to contribute part of their paychecks to buy stock in the company they work for.
  • ( "ESOP") since 1974, which was approved by the IRS as a qualified plan.
  • "ESOP" intends to purchase an aggregate of 150,991 shares, or 4.63% of the common stock sold in the offering.
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