What is the meaning of ESOP?

ESOP is the Employee Stock Ownership Plan. It is similar to a profit sharing plan but, here, only the stock of the employer is purchased with the contributions.

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APABarry Goldsmith. (2010). esop. Retrieved September 24, 2026, from http://smartdefine.org/esop/definitions/1153160
ChicagoBarry Goldsmith. 2010. "esop" http://smartdefine.org/esop/definitions/1153160 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, esop, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/esop/definitions/1153160>.
MLABarry Goldsmith. "esop" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/esop/definitions/1153160>
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