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Term of the Day
employee share ownership trust (ESOT)
employee savings plan
Employee Stock Ownership Plan
Definition
A type of
program
initiated in certain
companies
whereby the
stock
shares
of the
company
are
set up
to be distributed to the
employees
of that company.
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Popular 'Stocks' Terms
equity
common stock
mutual fund
preferred stock
stock
debt/equity ratio
security
P/E ratio
market capitalization
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