Examlex
Employee stock ownership plans (ESOPs)carry significant investment risks for employees.
Disclose
The act of making known or revealing information that was previously private, secret, or unknown.
Principal
In business contexts, refers to the amount of money loaned or invested, excluding interest or profit. In legal contracts, it can refer to the main parties involved in an agreement.
Agent
An Agent is an individual or entity authorized to act on behalf of another, known as the principal, in dealings with third parties.
Void
Legal term indicating that an agreement or contract has no legal force and is unenforceable as if it were never made.
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