Employee Share Ownership Plan

Employee Share Ownership Trust (ESOT)
An Employee Share Ownership Trust (ESOT) is a trust set up by a UK company to acquire and distribute company shares to its employees, benefiting both the employees and the company through tax-deductible payments.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.