Noun1.ESOP- a program under which employees regularly accumulate shares and may ultimately assume control of the company employee stock ownership plan stock purchase plan- an organized plan for employees of a company to buy shares of its stock ...
But instead of that equity in that company going into our fund or to our investors' hands, 100% of that equity goes into the hands of workers through what's called an employee stock ownership plan, or anESOP.— The Sorenson Impact Institute,Forbes, 25 Sep. 2024In 2017, the company sold...
Employee stock option plan (ESOP) Definition An employee benefit in which employees, as part of their compensation, are given equity shares (stock) in their company. The purchase of such stock is normally funded by a loan. The stock is transferred initially to a trust and the loan is paid...
Acquisition of another company by purchase of itsstockin exchange for cash or shares. Floating-rate preferred preferred stockpaying dividends that vary with short-term interest rates. Growth stock Commonstockof a company that has an opportunity to invest money and earn more than the opportunity cost...
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Reports on the United States Internal Revenue Service's issuance of two rulings concerning employee stock ownership plans (ESOP) and the characterization of stock as employer securities. Definition of employer securities; Investment of ESOP in two different classes of equity securities....
Employee Stock Ownership Plan (ESOP) a profit-sharing compensation program in which investments are made in the securities of the employer employee time sheet a source document that indicates, for each employee, what jobs were worked on during the day and for what amount of time linear programmin...
Miller-Keane Encyclopedia and Dictionary of Medicine, Nursing, and Allied Health, Seventh Edition. © 2003 by Saunders, an imprint of Elsevier, Inc. All rights reserved. e·soph·a·go·my·ot·o·my (ĕ-sof'ă-gō-mī-ot'ŏ-mē), ...
By establishing an ESOP to which Reorganized Covanta will contribute all of its stock, the employees of the Reorganized Debtors, as participants in the ESOP, will receive an equity interest in Reorganized Covanta that provides employees an opportunity to profit from the value of Reorganized Covanta ...
Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8. ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon. ...