stock purchase plan
- noun
- Specialized
- Joy's company offers a stock purchase plan that allows her to buy shares at a lower price.
- employee stock purchase plan
- company's stock purchase plan
- direct stock purchase plan
Examples
-
Through the stock purchase plan, workers can acquire company shares with a convenient payroll deduction.
-
We have a long-term stock purchase plan with them.
Academic text (1996) -
Believe me, I taught about 30 co-workers one-on-one about how their employee stock purchase plan works and how exactly stock options, 401(k), and Roth IRAs work, and not one female maintained interest.
Blog text (20) -
Many employees appreciate the benefits of the stock purchase plan because it helps them invest in the company.
Synonyms
A program that lets employees buy or get shares in their company to become part owners
Surface Forms
Morphology
The phrase is compositionally built from 'stock' (shares) + 'purchase' (buying) + 'plan' (arrangement), so its meaning — an arrangement for buying company shares — is directly derivable from the constituents. This follows normal noun-compound logic found across languages and would be understandable to a B1 learner who knows the component words.
Etymology
The phrase stock purchase plan comes from a simple idea: a plan that lets employees purchase 'stock', meaning 'shares' of the company, often on a regular schedule and sometimes at a lower price. So, it means an arrangement where workers can buy company shares.