### Question
How is the term employee stock ownership plan defined?


### Answer
The term **employee stock ownership plan** is defined in *26 U.S.C. § 4978* as the following:

> given to such term by section 4975(e)(7).

#### Citation:
  - *26 U.S.C. § 4978*
  - Heading: **Subtitle D-Miscellaneous Excise Taxes > CHAPTER 43-QUALIFIED PENSION, ETC., PLANS**

