: a program by which a corporation's employees acquire its stock
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Political economist and lawyer Louis Kelso creates the first true ESOP, a leveraged stock‑purchase plan for a California newspaper which allows employees to gain ownership without contributing capital upfront.—
Mary Josephs,
Forbes.com,
23 June 2026 Thorogood Boots are union-backed and employee-owned through an Employee Stock Ownership Plan (ESOP) established in 2000.—
Stephen Garner,
Footwear News,
18 June 2026 But Stavros believes ownership could spread to multiples of that number if America once again embraced an instrument called the ESOP, for Employee Stock Ownership Plan.—
Shawn Tully,
Fortune,
29 Mar. 2026 Seidel explains that the business operates under an employee ownership model, commonly known as an Employee Stock Ownership Plan (ESOP).—
Connie Etemadi,
USA Today,
12 Mar. 2026 Indeed, nearly 15 million Americans have gotten a promotion from worker to owner thanks to an ESOP.—
Jove Oliver,
New York Daily News,
10 Aug. 2025