Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: E

EFFICIENCY ENGINEER

Person accountable for the cycle of improving the effectiveness of machinery and personnel through analysis and application. Often a management level individual holds this responsibility.

ELAPSED TIME

Measurement of time spent completing an activity, job, or task. Calculated as total of calendar days excluding holiday and other non-working days used.

ELECTIVE SHARE

In place of their inheritance the surviving spouse can claim a part of an estate. Also called statutory share, widow’s share, forced share.

ELECTRONIC COLLABORATION

Co-operating in a project or program that includes the process of monitoring and critiquing using internet, emails, and groupware.

ELECTRONIC LIBRARY

Database of digitized audio, video, and written material, on a physical site and/or a website, giving 24hour online access to users.

ELISION

An efficiency in the print industry. Leaving out one or more unessential characters, minimizing the series of characters needed for understanding. An example is printing ‘199798’ instead of ‘19971998.’

EMERGING ECONOMIES

Economies of certain Asian and Latin American countries. Huge potential for growth seems guaranteed, but significant political, monetary, and social risks are potential dangers. Rapidly growing and volatile.

EMPIRICAL PROBABILITY

A statistical model. Derived by calculating the number of times an event occurs to the number of possible times it could occur, and expressing that results as a ratio. Used to propose

EMPLOYMENT SITUATION REPORT

A monthly report out of the US Department of Labor’s Bureau of Labor Statistics. The reports are for employees working in major industries. It consists of unemployment rates, non-farm payroll employment, the

ENCOUNTER

The insured receives some type of service at a meeting with a provider.

END-OF-THE-YEAR CONVENTION

Arising with the infamous Enron accounting farce, this term categorizes illegal, undesirable accounting methods (refer to cookie jar accounting), and stating a favorable stock price for the company will occur due to

ENERGY EFFICIENCY

Measured use of energy. Portrayed as a percentage. Calculated as the total energy used by a machine or equipment that does not become wasted, useless heat.

ENGLISH SERVICE

Method from feudal times of English rule for serving private dining rooms or restaurant food. The waiter or waitress delivers portions to each guest from a large dish. Serving begins with the

ENTERPRISE LIABILITY DOCTRINE

Legal principle that Liability for crime(s) committed by a constituent business, department, or unit can be applied and made accountable corporate-wide.

ENTREPRENEURIAL ORGANIZATION

Organized business-owner group, meeting regularly, sharing information, and experiences, as well as tools for improving businesses.

ENVIRONMENTAL FATE

Degradation of a pollutant, documented in stages, once it is placed in an environment. Pollutants can be chemical, like a pesticide, or biological, like an enzyme.

EQUAL PAY ACT OF 1963

Prohibits discrimination in benefits or wages based on gender when work performance involves similar skill sets, efforts, and job responsibilities. A federal statute amending the Fair Labor Standards Act in 1963.

EQUITABLE EASEMENT

When subdividing a large piece of land into adjacent pieces, an implied right-of-way to all pieces exists.

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