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

Category: E

ENCRYPTION SOFTWARE

The encrypting – decrypting method or key that is itself computerized software to use online.

ENDOGENOUS LIQUIDITY

LIQUIDITY and LIQUIDITY RISK that are specific to a firm and the actions it takes in managing its ASSETS, LIABILITIES, and OFF BALANCE SHEET ACTIVITIES. See also ASSET LIQUIDITY RISK, ASSETFUNDING LIQUIDITY

ENERGY FACTOR (EF)

Overall energy efficiency of an appliance or equipment. Contrast to relative efficiency. Calculated as total energy consumed in active, cycling, and standby modes. Different types of devices have EF computed differently. EF

ENROLLED AGENT

A tax professional certified and allowed to communicate and negotiate with the IRS to resolve a taxpayer’s issue. Licensed by the government.

ENTERPRISE NETWORK

Corporate-wide, world-wide, all-encompassing communications backbone. Links every computer and associated devices at every company location to every other computer at every other company location.

ENTREPRENEURSHIP

Undertaking idea development, arranging activities and events willing. Planning and leading a venture to success capably. Dealing with all risks, gaining reward as profit.

ENVIRONMENTAL IMPACT REPORT (EIR)

Objective evidence of an EIA exercise as a written record submitted to the deciding authority. It proposes measures to avoid, mitigate, or offset adverse effects and impacts. An EIR is only a

EQUALIZATION RESERVE

Legally demanded amount of liquid cash or asset an insurance company must have on-hand for the long term. This is to cover unforeseen, wide-spread, catastrophic disasters that might likely drain the standing

EQUITIES

Items traded in securities market, like ordinary shares of common stock.

EQUITY LINKED NOTE

A security whose gain is based on another instrument, a sector index, or broader market index. This basis is not on any yield by interest rate. Often, such a linked security protects

EQUITY WARRANT

Same as an option. Opportunity to purchase specific at a set price by a set date of expiration.

ESTIMATED TIME OF ARRIVAL (ETA)

Projected landing time and date for a ship at port or a flight at an airport. Typically for a specific city. Known also as expected time of arrival.

ETHICAL ISSUE

A conflict of right (ethical) or wrong (unethical) or situation forcing alternatives on an entity seeking ethical behavior.

EUROLIBOR

Dollar-driven LIBOR sibling as a euro-driven alternative for British Bankers associations.

EUROPEAN PARLIAMENT

EU’s only parliamentary institution that is elected; has five-year terms. It and the European Commission have legislative powers. However, only the EC can propose said legislation. This parliament manages EU budgetary actions.

EVERGREEN OPTION

Granting additional shares into an employee option plan each year. The plan has no expiry date and needs no additional approvals for the grants. Outstanding company shares are ratioed, pre-set, to calculate

EXAMINE

Typically equivalent with observe or analyze or inspect. Also synonymous with review, when examining a document.

EXCHANGE RATE MECHANISM (ERM)

Method of maintaining equilibrium in an exchange rate. Member countries of an economic community maintain exchange rate parity among their competing currencies. Fluctuation up to some agreed-to limit is allowed between specific

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