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Esop

• 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
Profit
Stock
 
 Referenced Terms
 Employee stock ownership plan: Abbreviated Esop. A company contributes to a trust fund that buys stock on behalf of employees.

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