Leveraged Employee Stock Ownership Plan (LESOP)


An employee stock ownership, profit-sharing, or pension plan financed by borrowed money. This allows a company to tie employees' benefits to the performance of the company, as well as ensure that ownership and control remains with people who have a vested interest in the company's long-term viability. Loans are paid down over time through annual contributions made by the company.
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leveraged company leveraged ETF