MLchartDataset catalogue

Employee stock ownership plan (ESOP)

Term · Insurance and risk management · MLC-T-INS-001299

A qualified retirement plan that invests primarily in the stock of the sponsoring employer. Employees receive shares of company stock, which are held in a trust and allocated to individual employee accounts. ESOPs are regulated by the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code.

Table 1. Record
IdentifierMLC-T-INS-001299
FieldInsurance and risk management
AbbreviationESOP
Record as JSON 
{
  "id": "MLC-T-INS-001299",
  "term": "Employee stock ownership plan (ESOP)",
  "field": "Insurance and risk management",
  "definition": "A qualified retirement plan that invests primarily in the stock of the sponsoring employer. Employees receive shares of company stock, which are held in a trust and allocated to individual employee accounts. ESOPs are regulated by the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code.",
  "abbreviation": "ESOP",
  "url": "https://mlchart.com/terminology/insurance/employee-stock-ownership-plan-esop/"
}

Record 1,137 of 3,708 in Insurance and risk management terminology (MLC-0106). Request the full dataset.