EOT meaning in Business ?

Answer:

What is Employee Ownership Trust mean?

An employee ownership trust (EOT) holds a permanent or long-term shareholding in a company on trust for the benefit of all the company’s employees. An EOT provides indirect (trust) employee ownership of a company.

Among the different forms of employee ownership, the trust model may, in particular, be chosen instead of employees owning shares directly because it can be used to organise an employee buy-out, without requiring finance from employees, provides a long-term ownership model and is straightforward to administer. This trust model of employee ownership has been promoted since 2012 by the UK Government and is now the main form of employee ownership in the UK.The EOT ownership model is also recognised in the US (where it may be labelled differently, such as perpetual trust, steward-ownership trust) as an alternative to the ESOP.

reference

Full Form	Category
Extraordinary Optical Transmission	Academic & Science
Electrical Overhead Travelling	Academic & Science
Engineering Operations Technician	Academic & Science
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Electronics Of Tomorrow	Academic & Science
Employee Ownership Trust	Business
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End of Text	Computer Assembly Language
End of Time	Computing
End Of Trans	Computing
Encryption of things	Computing
Electro Optical Technologies	Computing
Embedding Open Type	Computing
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End Of Tutorial	Computing
End Of Task	Computing
Enhanced Object Track	Computing
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Embedded Open Type	Database Management
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End of Transfer	Electronics
Equivalency of Training	General
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Embedded Online Tutors	General
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Essence of Time	General
Eyes of Things	General
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End Of Tuning	General
Enterprise of Things	General
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Express Online Training	General
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Extended Opportunity Time	General
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Expert Online Training	General
End Of Tour	General
End Of the Trail	General
Electric Overhead Transportation	General
End Of Test	General
Electric Overhead Transport	General
Engine Oil Treatment	General
End Of Track	General
END of TRAIL	General
Electrification Of Transportation	Governmental
Executive Office of Transportation	Governmental
Emergency Office Technician	Medical
End of Thread	Messaging
The End of The ....	Messaging
End of Tape	Space Science
Electric Overhead Travel	Technology
Electro Optics Technology	Technology
Extra Over Technology	Technology
Eastern Oregon Telecom	Telecommunication