EMI Option Plan – See Enterprise Management Incentives, (EMI) Option Scheme.
EMI Options – See Enterprise Management Incentives, (EMI) Option Scheme.
EMI Share Options – See Enterprise Management Incentives, (EMI) Option Scheme.
Employee Benefit Trust (EBT) – A discretionary trust for the benefit of employees of a particular company or group of companies. Also abbreviated to EBT or called employees’ trust, employee trust, employees’ share trust, employee share ownership trust or ESOT. An employee ownership trust is a specific form of employee benefit trust.
Employee Ownership – A form of company ownership under which the employees as a whole own the whole company or a majority of it (or in some cases a significant but not controlling stake).
Employee Ownership Trust (EOT) – A particular form of employee benefit trust which has a controlling interest in a business and which satisfies the conditions for tax reliefs for employee-owned businesses introduced by Finance Act 2014.
Employee Share Ownership Plan (ESOP) – A generic term describing any kind of employee share plan or employee share scheme; also used to describe an arrangement involving an employee benefit trust.
Employee-owned company – A company the whole,or a significant part of which is owned on behalf of the employees, normally on a widespread basis so that all or most staff have a stake in their company.
Employee Share Ownership Trust – See Employee Benefit Trust.
Employee Share Trust – See Employee Benefit Trust.
Employees Trust – See Employee Benefit Trust.
Enterprise Management Incentives, (EMI) Option Scheme – An option scheme providing income tax advantages for UK employees working for smaller qualifying and independent companies, also known as EMI option plan, EMI share option. For more information see our EMI page.
ESOT – Employees Share Ownership Trust. See Employee Benefit Trust.
Exercise – Turning an option into shares: the option holder pays the exercise price (specified in their option agreement) in return for which they receive shares in their company.