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Employee Share Ownership Trust
(redirected from ESOT)

   Also found in: Acronyms 0.01 sec.
Employee Share Ownership Trust
An employee benefit in which employees are sold shares in the publicly-traded company for which they work through a trust. ESOTs are designed to help give employees equity in the company to boost morale and thereby improve productivity. It also provides the company with a source of revenue. Buying shares through an ESOT gives employees various tax benefits, and may give employees a greater say in the election of the board of directors. It is similar to, but different from, an employee stock ownership plan.


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Accordingly, Ryanair announces that it does not intend to engage in a lengthy Phase II review process with the EU unless it receives such support from Aer Lingus shareholders, including the acceptance of the offer by either the Irish Government or the ESOT (Employee Shareholder Ownership Trust).
to entice (OED) TSEI a populated place in Russia TSIE Jerry Tsie, a film actor, appears in Who Am I (1998) EOST Alan Eost is the conductor of the Sheffield (UK) Oratorio Chorus EOTS Fungai E'ot is a river in Malaysia, and Eot Island is in Micronesia ESOT Esot Resources Inc.
The award was given during the 13th congress of the ESOT which was held September 30-October 3 in Prague, The Czech Republic.
 
 
 
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