esop

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Definitions from WordNet

Noun esop has 1 sense

employee stock ownership plan, ESOP - a program under which employees regularly accumulate shares and may ultimately assume control of the company
--₁ is a kind of stock purchase plan

Definitions from the Web

Term: Esop

Description:

Esop is an acronym that commonly refers to Employee Stock Ownership Plan. It is a type of employee benefit plan where company shares are allocated to employees as a form of compensation, allowing them to become partial or full owners of the company.

Senses:

1. Noun (Acronym): Employee Stock Ownership Plan

Example sentence: The company implemented an ESOP to motivate and reward their employees.

2. Adjective: Popular

Example sentence: The esop bookstore has become a popular destination for book lovers.

3. Adjective: Local

Example sentence: The local farmers market is known for its esop produce.

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