Category: E

How a software can expend its capabilities without needing an overhaul. Refer to expendability and scaling.

The cost that is incurred due to defects. The product may be shipped wrong or not be of the quality needed.

Taking extra premium away due to a hazard that is gone.

Measured as the hourly output per worker.

Supply capable of increases or decreases as demand and price of a good or service increases or decreases. See also elasticity of supply.

A company that is categorized as a commercial entity. This entity generates, transmits, and distributed electric energy. Its distribution is it sale to general public and/or industrial consumers. The company owns and

An electronic platform that allows electronic TRADING of financial or physical ASSETS in cash or DERIVATIVE form. ECNs were popularized during the technology boom of the 1990s and have become a critical

Any type of device that stores and allows distribution or use of electronic information. This includes television, radio, Internet, fax, CDROMs, DVD, and any other electronic medium. Contrast to print media.  TLD Example:

The process is used by electrolysis in an electrolytic cell. It is the layering of metal as a deposit on a metal or non-metal electrode. .

A person eligible for benefits as an employee under the group policy contract owned by the employer.

a tension test of the ductility of a material. Higher elongation mean higher ductility. Measures the increase in the gauge-length of a test specimen. Ends at fracture of its original gauge length.

Developing country, typically involved in a emerging market, becoming an industrialized nation by achieving greater industrial capacity.

Proof an employee has this insurance coverage, typically as a member of group plan. By law, this must be in print form, consisting of a short outline of the plan’s benefits, accompanying

Mimicking. A software system industry term. Providing functionality of a software by a different software. Example: running Microsoft XP on an Apple PC. Typically requires decomposing a known software by reverse engineering.

Property owned by one party but subject to the legal claims of another party. See encryption and encryption algorithm.

If the company would announce the uncertainty, it would end the doubt enveloping a company’s financial situation.

Measured energy usage by the contracted energy user. Measured by the generating entity, typically the energy utility over its transmission lines.

A person signed up to receive benefits from a health insurance plan. Dependents of an insured are excluded.

Organized, computerized, periodic analysis of customers, sales, and market data. Computerized analysis trends detect patterns of demand, usage, and service requirements. Patterns are feedback to devise new or improved procedures and policies

A measurable condition. The level of disorder in a closed but changing system. The system can only change in one direction, from a relatively ordered state to a more disordered state. During