What does the acronym ESOP stand for?
A)equitable stock option plan
B)employee stock ownership plan
C)employee salary option plan
D)equity in salary organizational plan

Question

What does the acronym ESOP stand for?
A)equitable stock option plan  
B)employee stock ownership plan  
C)employee salary option plan  
D)equity in salary organizational plan

Quizplus · Accepted Answer

ESOP stands for Employee Stock Ownership Plan, which is a type of employee benefit plan that enables workers to own a portion of the company they work for, typically through the purchase of company stock.

What Does the Acronym ESOP Stand For