employee stock ownership plan
1
4.3
- noun
- /ɪmˈplɔɪiː ˈstɑk ˈoʊnərʃɪp plæn/
- Specialized
:
plan de propiedad de acciones para empleados
- An employee stock ownership plan allows workers to acquire ownership of the business over time.
- employee stock ownership plan (ESOP)
- employee stock ownership plan for a company
Examples
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Employee stock ownership plans now cover more than 10 percent of the American workforce.
Academic text (1995) -
That may not seem like a big deal to some outsiders, but when associates receive much of that stock at no cost to them (through our Employee Stock Ownership Plan) and the value of the stock has risen an average of nearly 16% each year since it was first valued in 1959...
Blog text (24) -
The mix could include national development banks, cooperative banks, employee stock ownership plans, mutual fund enterprises, community land trusts, and regional planning agencies that guide investments into locally defined areas of need, such as housing, soft-energy hardware, infrastructure maintenance, and mass transit.
Academic text (1995) -
Equally important, some versions of these strategies would convert wage earners into entrepreneurs through the creation of Employee Stock Ownership Plans (ESOPs) and the fostering of producer cooperatives.
Academic text (1991) -
Through an employee stock ownership plan, workers can gain shares and potentially control of the company.
-
Many companies encourage their staff to join an employee stock ownership plan to promote shared success.
Synonyms
1
7.3
A plan that lets employees own shares in the company they work for
1
3.8
A plan that lets employees buy shares in their company, often at a lower price
Surface Forms
Morphology
employee + stock + ownership + plan
The meaning — a plan that enables employees to own company stock — is directly and compositionally built from the constituents 'employee' + 'stock' + 'ownership' + 'plan', so a B1 learner who knows those words can infer the basic sense. The phrase follows standard noun compounding patterns and is cross-linguistically transparent (similar constructions exist in other languages), so despite being somewhat technical it is predictable from its parts.
Etymology
Employee stock ownership plan names a plan that lets employees receive pieces of stock so they gain ownership of the company. Think of workers slowly collecting slices of the company pie; that's why the phrase means a program that helps staff become 'part-owners' and share in the company's success.