soe

noun1

1. •
   (no longer used) a large wooden vessel for carrying water, especially one to be carried on a pole between two people.

   • "[…] no more then a Pump grown dry will yield any water, unless you pour a little water into it first, and then for one Bason-ful you may fetch up so many Soe-fuls". — 1662

noun1

1. •
   Initialism of state-owned enterprise.

   • Having seen post-Soviet state assets fall into the hands of oligarchs, China built up a select group of SOEs with cheap loans, land and energy, so that the wealth would remain with the party. — 2012