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Meaning of ESOP | Babel Free

Noun CEFR B1

Definitions

  1. Acronym of Employee Stock Ownership Plan.
    US, abbreviation, acronym, alt-of
  2. Initialism of European Symposium on Programming.
    abbreviation, alt-of, initialism
  3. a company that implements such a plan
    broadly

Examples

“Another factor is that ESOPs had a rocky beginning, which for a while made them appear sketchy. A few widely publicized companies set up ESOPs purely as defenses against hostile takeovers.”

CEFR level

B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.

See also

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