Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

ESOP

A contract between a company and an employee, giving the employee the right to purchase a specific number of shares in the company for a fixed price, during a certain period of time. Employee Stock Option Plans should not be confused with the term EMPLOYEE STOCK OWNERSHIP PLANS (also ESOPs), which are retirement plans.

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