An ESOT, or Employee Share Ownership Trust, is a type of employee benefit plan designed to provide employees with an ownership interest in the company.
An Employee Stock Ownership Plan (ESOP) is an employee benefit plan that gives workers ownership interest in the company. Through ESOPs, companies provide their employees with stock ownership, often at no upfront cost to the employees. ESOPs are used by a broad variety of publicly traded and closely held companies.
A partly paid share in a company that the shareholder must forfeit due to failure to pay a subsequent or final payment. Such shares must either be sold or canceled by a public company, whereas a private company is not regulated in this respect.
A shareholder of a company whose name is entered in the register of members. Founder members are those who sign the memorandum of association; anyone subsequently coming into possession of the company's shares becomes a member.
Paired shares, also known as Siamese shares or stapled stock, refer to the common stocks of two companies under the same management that are sold as a unit, usually appearing as a single certificate printed front and back.
A share certificate is a document that provides evidence of ownership of shares in a company. It details the number and class of shares owned by the shareholder, the serial number of the shares, and usually includes signatures from at least one director and the company secretary.
A share incentive scheme is a program designed to reward employees with company shares upon reaching certain performance targets, fostering ownership and motivation within the workforce.
