ESOP is the acronym for:

Question

Quizplus · Accepted Answer

ESOP stands for Employee Stock Ownership Plan, which is a retirement plan that enables employees to own shares of their employer's stock. It is a benefit offered by some employers as a way to attract and retain employees by giving them a stake in the company's success. The plan can be funded through contributions from the employer, employee contributions, or both. ESOPs can provide tax benefits to both the employer and employees, and can also help the company raise capital.

ESOP Is the Acronym For