• Is the Employee Stock Ownership Plan. It is similar to a profit sharing plan but, here, only the stock of the employer is purchased with the contributions.

 Embedded terms in definition
 Employee stock ownership plan
Profit sharing plan
 Referenced Terms
 Employee stock ownership plan: Abbreviated Esop. A company contributes to a trust fund that buys stock on behalf of employees.

<< Escrow Etf >>

Getting Your Finances Ready for Your Golden Years: If you're seriously considering retirement, you also should be seriously thinking about how to ensure that your financial life is as comfortable and stress-free as possible. Here are a few tips. More...

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