ESOP


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AcronymDefinition
ESOPEuropean Symposium on Programming
ESOPExecutive Stock Option Plan (various companies)
ESOPEngineering Software Open Platform
ESOPEmpowering and Strengthening Ohio's People (Cleveland, OH)
ESOPExor Sum-Of-Products
ESOPEmployee Stock Ownership/Option Plan
ESOPElectronic Standard Operating Procedure
ESOPEnhanced Switch Operation Program
ESOPExternal Standard Operating Procedure(s)
ESOPEuropean Subpolar Ocean Project
ESOPEmergency Seal Oil Pump
References in periodicals archive ?
This Wells Fargo partnership will provide ESOP expertise in many areas, including initial ESOP stock purchases, second-stage transaction financing, refinancing of seller notes, mergers and acquisitions, and expansion of business operations for ESOP companies.
A non-professional services ESOP company commonly operates under a traditional hierarchy: it is headed by a president, followed by vice presidents or departments, then by the front-line employees.
The formation and administration of an ESOP can be complicated, but with proper guidance from professionals, the uses and benefits can far outweigh these complexities.
According to the ESOP Association, 97 percent of ESOPs are sponsored by privately held companies.
Technically, the ESOP is a trust which purchases the company's stock and holds it for the benefit of eligible employees.
Summary paragraph: Bill would encourage more S corporation ESOPs
The survey also highlights that the ESOP compensation depends on whether the company is listed or not.
Though information technology (IT) firms started the trend, companies in many sectors such as banking, financial services, manufacturing, consumer goods and capital goods are now giving ESOPs to employees," says Anil Rego, CEO and Founder, Right Horizons.
Because the business is 100% owned by an ESOP trust and because the S-Corp.
Because the majority of the plan's assets are company stock, it may actually be easier to understand an ESOP than other retirement programs.
A "leveraged" ESOP can be used to borrow money from a financial institution based on the credit (and guarantee) of the employer.
In some cases an ESOP can permit transactions to occur that otherwise would not be economically possible.