Category: E

A multiple (factor applied to value) that depicts a company as a potential acquired would. This multiple is applied to calculate the value of the involved company. It factors in the debt

Entrepreneurship expenses exceeded by income received.

Optional practices and guidance focused on the management of air emissions, wastewater effluents, and solid waste. Collection of current best environmental practices.

Individual’s right of access to courts equal treatment under the law. Similar to the right to due process of law, equal protection of the law specifically focuses on fair, equal treatment.

A real right, but not a legal right, in a property. Examples are a life tenant, or the beneficiary of a trust. Known also as equitable estate.

A fixed income security, such as a bond, uses the rise and fall of another specific common stock to determine interest owed on the first security.

Total value of a company after subtracting out liabilities and debt.

A statement that a reinsurer’s liability is not nullified due to textual errors or omissions.

Projected collection of monies from sales based on some previous experience. Usually time-bound for an accounting period. Can include interest yield.

Investing in stocks of company’s considered to by ethical. An investment philosophy. Usually done through mutual funds or unit trusts.

European issued junk bonds. The Virgin Group is an example of an issuer.

Expiration-date execution is the defining characteristic of this type of option. Contrast to an American option; execution can occur any time before and on expiration date. The average price of the underlying

Automatically renewed, rollover agreement every maturity period. Continues unless any involved party cancels the agreement.

A share of COMMON STOCK that lacks DIVIDEND rights and voting rights and is only entitled to possible capital appreciation.

A broker licensed to work with insurance companies not licensed in the broker’s state.

Swapping assets that are very much alike, like land in one state for very similar land in another state. Both instruments in the swap have similar significant value.

Restricting a particular line of goods or services to a particular market or area for promotional purposes. Typically done by a single manufacturer to specific retailers or marketers/ merchandisers.

The point in time after which the share buyer has no rights to dividends in this cycle. Prior and on this date dividend rights exist. This date is typically set as two

Directive action from a prime minister or president to its executive governmental agencies in an official document .

The right to terminate. Triggered by documented conditions. Usually a documented event based on specific criteria. An example is the termination of a project before completion because technology being used has become