ESOP
Revision as of 09:57, 28 October 2019 by Gary (talk | contribs) (Created page with "Employee stock ownership plan (also known by its acronym, ESOP) is a type of retirement plan in which employees own stock in the company. ==Definitions== According t...")
Employee stock ownership plan (also known by its acronym, ESOP) is a type of retirement plan in which employees own stock in the company.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- ESOP (employee stock ownership plan). A type of retirement plan in which employees own stock in the company.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
