What is ESOP?

What is ESOP?

ESOP stands for Employee Stock Ownership Plan, and it is a right, not obligation of an employee to buy the company’s equity share at a pre-determined price and time, provided vesting conditions are satisfied. They can exercise ESOP and obtain equity.   What are...

Regular Account Balance Definition And Meaning

Missteps on this space can result in distorted monetary statements, misinformed decisions, and potential compliance issues with accounting standards. On the other hand, a credit entry typically means extra liabilities, fairness, or earnings. For instance, when...