ESOP /ˌē-ˌes-ˌō-'pē/ n [e mployee s tock o wnership p lan]: a program by which a corporation's employees may acquire its capital stock

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

Employee stock ownership plan.

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

A discretionary trust, normally for the benefit of employees, ex-employees and dependants. Used to supply shares on the exercise of share options as an alternative to issuing new shares. Also used in conjunction with long term incentive plans. ESOP trusts can qualify for statutory tax reliefs, but most rely on case law to avoid restrictive statutory conditions.
Related links
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:

  • ESOP — [ē′säp] n. Employee Stock Ownership Plan: a compensation plan set up by a company and funded with its tax deductible contributions by which qualified employees accumulate shares of the company s stock …   English World dictionary

  • ESOP — ( employee stock ownership plan) A company contributes to a trust fund that buys stock on behalf of employees. Bloomberg Financial Dictionary * * * ESOP ESOP [ˈiːsɒp ǁ ˈiːsɑːp] noun [countable] FINANCE Employee Stock Ownership Plan; a scheme by… …   Financial and business terms

  • ESOP — noun a program under which employees regularly accumulate shares and may ultimately assume control of the company • Syn: ↑employee stock ownership plan • Hypernyms: ↑stock purchase plan * * * ˈēˌsäp, ˌēˌes(ˌ)ōˈpē noun ( s) Etymology …   Useful english dictionary

  • ESOP — Belegschaftsaktien sind Aktien des eigenen Unternehmens, die von den Mitarbeitern erworben werden können. Häufig werden diese Aktien mit einem Rabatt(Vorzugskurs) auf den aktuellen Börsenkurs an die Mitarbeiter verkauft. Sie stellen damit eine… …   Deutsch Wikipedia

  • ESOP — noun Etymology: employee stock ownership plan Date: 1975 a program by which a corporation s employees acquire its stock …   New Collegiate Dictionary

  • ESOP — /ee sop/, n. a plan under which a company s capital stock is acquired by its employees or workers. [1970 75; e(mployee) s(tock) o(wnership) p(lan)] * * * …   Universalium

  • ESOP — Employee Stock Ownership Plan (Business » General) * Employee Stock Option Plan (Business » Accounting) * Employee Stock Ownership Program (Business » Accounting) * Employee Stock Option Program (Business » Stock Exchange) * Employee Stock… …   Abbreviations dictionary

  • ESOP — • Employee Stock Ownership Plan • European Symposium on Programming (informationswissenschaftl. Veoeffentlichungen) …   Acronyms

  • ESOP — [1] Employee Stock Ownership Plan [2] European Symposium on Programming (informationswissenschaftl. Veröffentlichungen) …   Acronyms von A bis Z

  • ESOP — employee stock ownership plan план владения акциями персоналом компаний (программа передачи служащим акций их компании) …   Финансово-инвестиционный толковый словарь

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”