Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “employee share ownership plan”

employee share ownership plan

noun [C]
 
 
UK ( abbreviation ESOP, US employee stock ownership plan) FINANCE, HR
a benefits plan in which employees own a percentage of their company’s shares, which are bought and managed for them by a trust (= separate organization): An employee share ownership plan distributes 5% of pre-tax profits among 29,000 eligible employees.
→  See also stock incentive plan
(Definition of employee share ownership plan from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of employee share ownership plan?
Add Cambridge dictionaries to your browser to your website

More Business English definitions for “employee share ownership plan”

Word of the Day

piglet

a baby pig

Word of the Day

I won’t tolerate it! Replacing formal words with phrasal verbs.

by Liz Walter,
April 01, 2015
When you are using a language, it is important to understand if a word is formal or informal, so that you can use it in an appropriate way. You might hear people saying dosh for money, or spud for potato, but they wouldn’t write those words in a formal essay. Similarly, a

Read More 

stackin’ p

March 30, 2015
idiom slang earning a lot of money ‘That’s a very generous present.”Yeah, well, she’s stackin’ p, innit?’

Read More