Definition of "ESOP"
  1. Employee stock ownership plan: a scheme that allows workers of a company to own shares of the firm
How to use "ESOP" in a sentence
  1. The company offered an ESOP, giving employees the opportunity to become part-owners.
  2. Under the ESOP, employees were entitled to purchase stock at a reduced rate.
  3. The establishment of the ESOP was a strategic decision to increase employee commitment to the company's success.

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