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

Category: E

EXTROVERSION

The quality of being socially comfortable. It is also spelled as extraversion.

EFFECTIVE YIELD

The actual INTEREST RATE an investor earns on an investment after taking into account fees, actual price paid, and AMORTIZATION of PRINCIPAL or ACCRETION OF DISCOUNT. See also EFFECTIVE RATE.

EIA NATURAL GAS REPORT

Weekly report. Concerns US natural gas reserves stored underground. Energy Information Administration (EAI) issues the report. Used to predict natural gas price shifts.

ELECTIVE BENEFITS

Chosen coverage or payments as a part of insurance or employment. Choice can also be for how the benefits are applied when use of the benefit occurs. Payments can be lump sum

ELECTRONIC HUB

Commercial website that provides coordination and synchronization services to electronic commerce (ecommerce) its users or partners.

ELECTRONIC RETAILING

Retailing done electronically: purchases, including grocery and supermarket items. The execution of commerce specifically for retail.

ELEVATOR COLLISION COVERAGE

Elevator collision insurance. This coverage is included in business liability insurance policies to covers damage to elevators. Covers personal possessions and the building that houses the elevator, as well as any other

ELIGIBLE SECURITIES

Securities that BANKS are allowed to purchase, hold, and trade on a direct basis, including GOVERNMENT BONDS and AGENCY SECURITIES. Those ruled ineligible under standing regulations must often be traded through a

EMERGENCY

Situation requiring immediate attention and remedial action. Involves injury, loss of life, damage to the property, or catastrophic interference with the normal activities. A sudden, unexpected, or impending situation.

EMPHYSEMA

A lung disease that swells and destroys the lung tissue. Certain substances such as asbestos are known causes.

ENACTMENT

The act of passing an rule or statute by a legislature.

ENERGY CONSUMPTION

Calculated amount of energy used. Any process or system, or organization or society can by evaluated and measured.

ENGINEERING MANAGEMENT

Effective planning and efficient operations applying engineering principles as a field of industry. Exists mainly in the managing of manufacturing or industrial operations.

ENTERPRISE FOR THE AMERICAS INITIATIVE (EAI)

An 1990 international program intended to accomplish three goals: 1) engage North, Central and South America to increase inter-regional trade, 2) engage the InterAmerican Development Bank to set up, manage, and monitor

ENTITY

Legally, equal to a person who might owe taxes. A generic term inclusive of person, partnership, organization, or business. An entity can be legally bound. An entity is uniquely identifiable from any

EQUAL DOLLAR SWAP

Buying a different type of convertible securities, such as preferred stock, from the selling of common stock in the same company or a similar company in the same amounts.

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