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US workplace terms

ESPP

Employee stock purchase plan: a scheme letting employees buy their company's shares, often at a discount, through deductions from pay. The UK has similar schemes, such as Sharesave.

A plain-English explanation of how this usually works in the US, not legal, tax or financial advice. Rules differ between states and change over time, so check your own situation. Disclaimer.

You'll hear it as

The ESPP gives a 15 per cent discount, so I always join.

Also called Sharesave.

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