ESOP
See also: Esóp
English
Pronunciation
- Homophone: Aesop
Noun
ESOP (plural ESOPs)
- (business, US) Acronym of Employee Stock Ownership Plan.
- 2016 September 8, John Case, “The Life-Changing Magic of Turning Employees Into Shareholders”, in The Atlantic:
- Another factor is that ESOPs had a rocky beginning, which for a while made them appear sketchy. A few widely publicized companies set up ESOPs purely as defenses against hostile takeovers.
- (by extension) a company that implements such a plan
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