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

Category: E

EMPIRICAL COST ESTIMATING

Based on available data, skills, experience, and knowledge of the estimator, a cost estimation is methodically obtained.

EMPLOYMENT HISTORY

For a typical period of ten years, a person’s past employers, locations, employment dates, positions held, salary, and accountabilities. Often contained in or sourced from the person’s resume.

ENCLOSURES

Unique, stand-alone, separate items or records referred to in a document, then accompanying, or attached to, that document. It is essential that these tag-along items are listed in the main document to

ENDOCRINE DISRUPTORS

Synthetic chemicals or natural substances that cause developmental or reproductive disorders by altering the endocrine system. Glands, hormones, and cellular receptors controlling the body’s internal functions comprise the endocrine system.

ENERGY CROP

Anything grown for their fuel value. Corn and sugarcane are food crops grown for energy. Poplar trees and switch grass are non-food crops grown for energy.

ENGLISH AUCTION

The most common and typical form of auction. A type of forward auction. A single item is offered for sale. Bidding begins at a low price, rising as bidders accept or call

ENTERPRISE LIABILITY

Liability for crime(s) committed by a constituent business, department, or unit that is applied and accountable corporate-wide.

ENTREP

A commercial trading center where goods are imported from several sources and then reexported to various destinations. Although the entrep

EQUAL OPPORTUNITY

Each opportunity is available to everyone equally regardless of their age, race, sex, religion, political association, ethnic origin, and any other individual or group characteristic unrelated to ability, performance, and qualification. The

EQUIPMENT TRUST CERTIFICATE

Known as an ETC. A type of debt instrument very similar to mortgaging or a leasing. According to the specifications of the agreement, an ETC owner/investor uses a particular asset, paid for

EQUITY INTEREST

Partial or full ownership in a company by shares of stock, rather than a creditor’s interest from being owed money.

EQUITY SHARING

Spreading the worth, risk, and ownership of a company or property or any asset out to more that one single person or entity. This apportioned ownership apportions gain and loss, as well

ERROR OF ORIGINAL ENTRY

Accounting mistake on a balance sheet where an error in an entry causes a same-amount error in an entry in its balancing account.

ESTATE PLAN

Estate owner’s instructions on handling estate assets at the owner’s death, full disability, or legal incapacitation.

ETHERNET

Generic name for the category of local area network (LAN) protocols and cabling schemes. Most popular LAN. A LAN connects computers, printers, modems, terminals and other peripherals. Can connect up to 1,024

EUROCLEAR

International clearing house based in Brussels, Belgium for multicurrency cash clearing and settlement for internationally traded securities. Managed by Morgan Guaranty for owner banks. .

EVENT DRIVEN INVESTING

Using bad news, distressed situation, merger, recapitalization, or spinoff as a strategy taking advantage of price drops before or after these events occur.

EX WARRANTS

Meaning that a shares buyer will have no rights to warrants associated with the purchase or the shares.

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