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

Category: E

EXCLUSIVE BARGAINING RIGHTS

Restriction on who can represent what where and to whom. Typically describes who is the sole representative of a union or an association for collective bargaining.

EX-DIVIDEND

(1) A share of COMMON STOCK without any rights to the current period DIVIDEND. (2) The time period between the announcement and payment of dividends.

EXECUTIVE POWER

Power to enforce executive orders as intended and given, authorized by law.

EXIT ROW SEAT

Airplane seat(s) next to an emergency exit doors. Requires the seating of one or more able persons who can handle the doors. Usually positioned over the wings.

EXPECTANCY THEORY

Cognitive-psychology-based motivational theory. Proposes that motivation occurs when predicted, conscious expectations of what will occur are realized as a person does specific, planned actions. This is a loop of increasing productivity linked

EXPIRATION FILE

The note about expiration dates that agents use to keep track of policy dates.

EXPONENTIAL MOVING AVERAGE (EMA)

The moving average for the prices of a security or index over a certain period of time. It focuses on recent data to predict the current trend. A 12-26 day period is

EXPORTS

A product that is sold to other countries by the original country. Refer to export.

EXTENSIBILITY

How a software can expend its capabilities without needing an overhaul. Refer to expendability and scaling.

EXTERNAL FAILURE COSTS

The cost that is incurred due to defects. The product may be shipped wrong or not be of the quality needed.

ELASTIC SUPPLY

Supply capable of increases or decreases as demand and price of a good or service increases or decreases. See also elasticity of supply.

ELECTRIC UTILITY

A company that is categorized as a commercial entity. This entity generates, transmits, and distributed electric energy. Its distribution is it sale to general public and/or industrial consumers. The company owns and

ELECTRONIC COMMUNICATIONS NETWORK (ECN)

An electronic platform that allows electronic TRADING of financial or physical ASSETS in cash or DERIVATIVE form. ECNs were popularized during the technology boom of the 1990s and have become a critical

ELECTRONIC MEDIA

Any type of device that stores and allows distribution or use of electronic information. This includes television, radio, Internet, fax, CDROMs, DVD, and any other electronic medium. Contrast to print media.  TLD Example:

ELECTROPLATING

The process is used by electrolysis in an electrolytic cell. It is the layering of metal as a deposit on a metal or non-metal electrode. .

ELIGIBLE EMPLOYEE

A person eligible for benefits as an employee under the group policy contract owned by the employer.

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