L. Fr. In a dead hand; in mortmain. Britt c 43. … [Read more...] about EN MORT MEYNE
E
EMPLOYEE STOCK OWNERSHIP PLAN
ESOP; An incentive plan for employees where they can receive shares of stock in the company and only recognize income for tax purposes at retirement when the proceeds are collected. … [Read more...] about EMPLOYEE STOCK OWNERSHIP PLAN
EMPTOR
Lat. A buyer or purchaser. Used in the maxim "caveat emptor," let the buyer beware; i.e.; the buyer of an article must be on his guard and take the risks of his purchase. Emptor emit quam minimo potest, venditor Tendit quam marimo potest. The buyer purchases for the lowest price he can; the seller sells for the highest price he can. 2 Kent, Comm. 486. … [Read more...] about EMPTOR
EN OWEL MAIN
Fr. In equal hand. The word "otoel" occurs also in the phrase "otoelty of partition." … [Read more...] about EN OWEL MAIN
EMPLOYER
One who employs the services of others; one for whom employees work and who pays their wages or salaries. Employers' liability acts. Statutes defining or limiting the occasions and the extent to which employers shall be liable in damages for injuries to their employees occurring in the course of the employment, and particularly (in recent times) abolishing the common law rule … [Read more...] about EMPLOYER