Stock Purchase Plan (Noun)
Meaning
An organized plan for employees of a company to buy shares of its stock.
Classification
Nouns denoting cognitive processes and contents.
Examples
- Our company offers a stock purchase plan to employees as a benefit, allowing them to buy shares of our company stock at a discounted price.
- Through our employee stock purchase plan, employees can contribute a portion of their paycheck to purchase company stock.
- The stock purchase plan has been a great way for our employees to invest in the company's future and potentially earn long-term returns.
- Our company's stock purchase plan allows employees to contribute up to 10% of their salary to purchase company stock.
- The employee stock purchase plan has been a key part of our company's compensation package, and has been well-received by employees.