Examples of ESOP in a Sentence
Recent Examples on the Web
Total stockholders' equity increased by $50.1 million, mainly due to the proceeds from the stock offering, offset by an unearned ESOP and accumulated other comprehensive loss.
—
Quartz Bot, Quartz, 14 Nov. 2024
The restaurant had always been a union shop but in 1999 Brody granted 49% of the ownership to its huge number of employees, who by 2012 owned it outright as a rare ESOP.
—John Mariani, Forbes, 1 Nov. 2024
But instead of that equity in that company going into our fund or to our investors' hands, 100% of that equity goes into the hands of workers through what's called an employee stock ownership plan, or an ESOP.
—The Sorenson Impact Institute, Forbes, 25 Sep. 2024
In 2017, the company sold itself to its employees, through a financial transaction known as an ESOP (Employee Stock Ownership Plan).
—Emma Goldberg, New York Times, 10 Feb. 2024
The company has 19,000 employees and about 23% of the company is owned by full-time employees in an ESOP.
—Maria Halkias, Dallas News, 28 June 2023
An owner can enjoy several tax advantages when employing an ESOP, including postponing or avoiding capital gains tax on the sale of stock, reducing or eliminating the corporate income tax and using cash dividends paid on ESOP stock as a tax deduction.
—Gerry Spitzer, Forbes, 20 Apr. 2023
Razorpay is spending $75 million on its biggest employee stock ownership plan (ESOP) buyback yet.
—Ananya Bhattacharya, Quartz, 12 May 2022
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Quartz Bot, Quartz, 14 Nov. 2024
The restaurant had always been a union shop but in 1999 Brody granted 49% of the ownership to its huge number of employees, who by 2012 owned it outright as a rare ESOP.
—John Mariani, Forbes, 1 Nov. 2024
But instead of that equity in that company going into our fund or to our investors' hands, 100% of that equity goes into the hands of workers through what's called an employee stock ownership plan, or an ESOP.
—The Sorenson Impact Institute, Forbes, 25 Sep. 2024
In 2017, the company sold itself to its employees, through a financial transaction known as an ESOP (Employee Stock Ownership Plan).
—Emma Goldberg, New York Times, 10 Feb. 2024
The company has 19,000 employees and about 23% of the company is owned by full-time employees in an ESOP.
—Maria Halkias, Dallas News, 28 June 2023
An owner can enjoy several tax advantages when employing an ESOP, including postponing or avoiding capital gains tax on the sale of stock, reducing or eliminating the corporate income tax and using cash dividends paid on ESOP stock as a tax deduction.
—Gerry Spitzer, Forbes, 20 Apr. 2023
Razorpay is spending $75 million on its biggest employee stock ownership plan (ESOP) buyback yet.
—Ananya Bhattacharya, Quartz, 12 May 2022
Dictionary Entries Near ESOP
Cite this Entry
“ESOP.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/ESOP. Accessed 16 Dec. 2024.
Copy CitationLegal Definition
ESOP
noun
: a program by which a corporation's employees may acquire its capital stock
Etymology
employee stock ownership plan
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