Category: E

Cognitive-psychology-based motivational theory. Proposes that motivation occurs when predicted, conscious expectations of what will occur are realized as a person does specific, planned actions. This is a loop of increasing productivity linked

A theory of decision making that the expected value (EV) is the cost one willing pays to have access to perfect information.

Set commissions are augmented by additional payment made to an insurance agent,

The note about expiration dates that agents use to keep track of policy dates.

The moving average for the prices of a security or index over a certain period of time. It focuses on recent data to predict the current trend. A 12-26 day period is

A product that is sold to other countries by the original country. Refer to export.

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.