ERISA-type ESOP

esop other than tax credits esops. ERISA-types includes leveraged, leveragable, and non-leveraged esops recognized under ERISA rather than under the Tax Reduction Act of 1975.

Similar financial terms

ESOP
Employee stock ownership plan. Defined contribution pension plan (stock bonus and/or money purchase) designed to invest primarily in the stock of the employer firm.

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The Commodity Futures Trading Commission (CFTC)

The Commodity Futures Trading Commission is the federal agency created by Congress to regulate futures trading. The Commodity Exchange Act of 1974 became effective April 21, 1975. Previously, futures trading had been regulated by the Commodity Exchange Authority of the USDA.


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