noun
employee stock ownership association
A formal term for an organization through which employees of a company collectively hold shares in that company. Common in Japanese corporate governance contexts.
当社では従業員持株会を通じて社員が自社株を購入できる。
At our company, employees can purchase company stock through the employee stock ownership association.
持株会 is a general stockholding association, while 従業員持株会 specifically refers to one for employees of a company.
Compound of 従業員 (employee), 持株 (stockholding), and 会 (association).