employee-owned enterprise
- noun
- After the buyout, the company transitioned into an employee-owned enterprise to give staff a direct stake in its success.
Examples
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The law firm is proud to be an employee-owned enterprise, where every employee is a shareholder.
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An employee-owned enterprise often fosters higher morale and productivity among its workers.
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An employee-owned enterprise can lead to higher job satisfaction.
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Many employee-owned enterprises thrive in local communities.
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After the buyout, the company transitioned into an employee-owned enterprise to give staff a direct stake in its success.
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The law firm is proud to be an employee-owned enterprise, where every employee is a shareholder.
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An employee-owned enterprise often fosters higher morale and productivity among its workers.
Synonyms
A company where the people who work there have most or all the shares
Surface Forms
Morphology
employee-owned + enterprise
The meaning 'an enterprise owned by its employees' is directly and compositionally derived from the constituents 'employee' + 'owned' modifying 'enterprise'. The noun+past-participle compounding pattern (employee-owned) is a regular, productive construction in English and has clear parallels in many languages, so a B1 learner who knows the parts should understand it.
Etymology
Employee-owned enterprise is a phrase that creates a simple picture: the employees are the workers who actually own the enterprise, like a group sharing a house. So it means 'a company that the workers own'.