Glossary beginning with E

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E
Eligible person or successor-in-title
A person who has acquired a right from another person, known as the rightholder. In the case in point, the term refers to those entitled to a reversionary interest, namely the beneficiary’s surviving spouse who has not remarried and orphans below the age of 21 (eligible persons do not necessarily include the beneficiary’s heirs).
Engagement
This term describes the dialogue between an institutional shareholder (pension fund, investment management company, etc.) and an issuer, typically a company, with the aim of ensuring that the issuer gives greater consideration to environmental, social and governance risk factors.
ESG
Acronym referring to environmental, social and governance issues.