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Tip of the Day Find Out About Secondary Costs

Find Out About Secondary Costs - Home ownership comes with many expenses and one that generally is not taken into account when plans are made to purchase a new home...

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Employee Stock Purchase Plan

Employee Stock Purchase Plan - An Employee Stock Purchase Plan (also known as ESPP) Is a program in which employees of a company can purchase shares of the company stock, at a discounted price... a fair market price is established and the plad is designed so employees can purchase shares of company stock for less the the fair market value. Fair market value is established when a seller f the stock agrees to price with a willing but not desperate buyer. A price is established and the ESPP allows employees to purchase stock for less then the fair market value, decided by the company. Both the company and employee benefit by such an arrangement.

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Miguel said:

You guys are serving up some real gems here.

Woodpeckers wood spindles said:

The idea of introducing employee stock is a nice one for many companies. It makes the excess stock from the company to stay in the hands of their employees itself. In this plan, employees of a company can purchase shares of the company stock.

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Definition of the Day Who is Peter Lynch?

Definition: Peter Lynch was the fund manager for the Fidelity Magellan fund from 1978 until 1990. During that time, he...

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