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

Category: E

ELEVATION

1. Measured and described as height above sea level. 2. Two-dimensional drawing of an object. the front, back, side, and top are drawn flat.

ELIGIBLE ROLLOVER DISTRIBUTION

Fund distribution to a retirement plan. Allowed for specific, eligible plans such as a qualified retirement plan, a 401(b) plan, or a 457(B) plan. Fund amounts can be restricted by some exceptions.

EMERGENCE

Sudden presentation or result of a system’s processing. A combination of the properties of its components or parts triggers an unpredictable manifestation.

EMPHASIS ADDED

When part of a quote is emphasized by bolding, italicizing, or underlining them. to indicate that the emphasis is the author’s or reviewer’s note, these words are typically enclosed in square brackets

EMPLOYMENT AT WILL

Means that at any time and for any reason either the employer and the employee can quit the employment relationship.

ENABLING TECHNOLOGY

Combining or leveraging existing technology to enable small companies to compete against large corporation on a level business field in previous exclusive business arenas. Technology is comprised of equipment and/or methodology that,

ENDANGERMENT ASSESSMENT

Risk evaluation of the threat a specific industrial or dumping site. Documented in terms of actual or potential threat to environment, health and welfare of people. Categorized by the hazardous substances being

ENERGY CONSERVATION

Saving energy by reducing use. Methods for economizing, eliminating waste, and promoting rational use spark lower use of energy in a process or system, or by an organization or society.

ENGINEERING

The ability to apply knowledge of capability and characteristics of substances to design and build something that accomplishes intended goals. All inventions of a mechanical, electrical, chemical nature are results of experimentation

ENTERPRISE COVERAGE

The situation defined by the Fair Labor Standards Act (FLSA) where two or more interrelated businesses are treated as one enterprise. Usually involves and requires certain activities: sharing personnel, skills, contracts, or

ENTITLEMENT

In general, that which is entitled. 1. Old age pension, social security, unemployment stipend stating a distribution or privilege or right to an economic benefit. Typically granted by contract or law. Meeting

ENVIRONMENT

The milieu in which an organism lives. Includes the sum of all of its surroundings. This includes natural forces and other living things. It defines the conditions of danger and damage to

EPS BOOTSTRAPPING

A CORPORATE FINANCE practice where an acquirer buys a company with a low PRICE/EARNINGS RATIO through a STOCK SWAP in order to boost the postacquisition EARNINGS PER SHARE (EPS) of the newlyformed

EQUIPMENT LEASING PARTNERSHIP

One party buys equipment with the expressed intent to lease the equipment to another party for an agreed upon amount. The equipment purchaser carries all of the risk because if no one

EQUITY INCOME FUND

A mutual fund whose goal is high return by income through either immediate dividend yield or projected future growth. This occurs by using most of the available investment capital to purchase common

EQUITY REIT

The collection of real estate a REIT owns or has a stake in.

ERRATA

Text correction attribution in a short or minor document revision. Does not add text, as in an addendum, nor does it remove text, as in a corrigendum.

ESSENTIAL INDUSTRY

Industries an economic society declares as critical. The industries as well as their suppliers are included. Examples Steel, gas, electricity and communications are just a few examples.

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