Employee ownership — occurs when a corporation is owned in whole or in part by its employees. Employees are usually given a share of the corporation after a certain length of employment or they can buy shares at any time. A corporation owned entirely by its employees … Wikipedia
employee share ownership trust — (ESOT) A term used to describe an employee benefit trust. Related links employee share ownership plan (ESOP) Practical Law Dictionary. Glossary of UK, US an … Law dictionary
employee share scheme — a scheme for sharing company profits with employees with the object of conferring on them a participation in the company in the hope of engendering greater commitment from them. Schemes operate either by distributing shares already paid up by the … Law dictionary
employee share schemes — employee share schemes, | share incentive schemes | share option schemes. Share schemes used to recruit, retain and motivate employees (particularly executives) and, in theory, align the executives interests with those of the shareholders. There… … Law dictionary
Employee Democracy — articleissues cleanup=August 2008 tone=August 2008 refimprove=August 2008Employee Democracy is a term initiated by Dean Adams Curtis to combine the concept of the employee owned corporation with the ideas underpinning workplace democracy,… … Wikipedia
Employee Retirement Income Security Act — The Employee Retirement Income Security Act of 1974 (ERISA) (USStatute|93|406|88|829|1974|09|02) is an American federal statute that establishes minimum standards for pension plans in private industry and provides for extensive rules on the… … Wikipedia
employee share ownership plan — (ESOP) A discretionary trust, normally for the benefit of employees, ex employees and dependants. Used to supply shares on the exercise of share options as an alternative to issuing new shares. Also used in conjunction with long term incentive… … Law dictionary
Trust law — In common law legal systems, a trust is an arrangement whereby property (including real, tangible and intangible) is managed by one person (or persons, or organizations) for the benefit of another. A trust is created by a settlor, who entrusts… … Wikipedia
trust — trustable, adj. trustability, n. truster, n. /trust/, n. 1. reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence. 2. confident expectation of something; hope. 3. confidence in the certainty of future… … Universalium
trust fund — 1. money, securities, property, etc., held in trust. 2. a government fund administered separately from other funds and used for a specified purpose: a highway trust fund. [1860 65] * * * Property (e.g, money or securities) held in a trust; that… … Universalium
