The Law Dictionary

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

Category: E

ELECTRIC ARC FURNACE

A type of furnace that uses graphite electrodes to melt scrap iron and steel that is often mixed with DRI pellets. Furnace can be AC or DC powered. See also induction furnace.

ELECTRONIC COMMERCE CODE MANAGEMENT ASSOCIATION (ECCMA)

Organization established to provide standardized electronic commerce codes for membership-based businesses over the internet. United Nations sponsored an open, transparent, and efficient process for the development, maintenance, and distribution of these codes.

ELECTRONIC MAIL (EMAIL)

Online transfer of text, voice, and/or video messages. Email emanates from one computer or device and arrives at another computer. Typically, in these days, this occurs over the internet.

ELECTRONIC TICKET (E-TICKET)

Electronic airline, train, or any type of travel-ticket. Using personal id and ticket code, the traveler retrieves the ticket at a machine or travel service agent. Refer also to paperless ticket.

ELIGIBLE COMMERCIAL ENTITY

A person, group, or company with risk management ability in trading commodities and in accepting or delivering the underlying commodities from a futures contract. Usually hired on a contract basis.

ELLIOTT WAVE PRINCIPLE

A technical analysis concept in securities trend prediction. A pattern made of five waves up and three waves down consistently occurs in the stock markets. US accountant Ralph Elliott (18711948) as described

EMERGENCY MEDICINE

Specialized equipment and support. Available as required for speedy diagnosis and treatment situations. Typically used in an accident, sudden illness, traumatic event, or violent crime. See also disaster medicine.

EMPHYSEMA

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

EMPLOYEE ENGAGEMENT

Mental, emotional, and motivational connection an employee has towards the employing organization. It can be positive or negative. This is a gauge of an employee willingness to strive for organizational goals. It

EMPLOYEE VERIFICATION SERVICE (EVS)

Background and resume checking service to verify what a potential employee presents in an interview. Includes previous employers or potentially important background data that an employer might need to know. Based on

EMPLOYMENT AT WILL

Means that at any time and for any reason either the employer and the employee can quit the employment relationship.

ENABLING CLAUSE

The authority and power of a specified entity to carry out specific provisions provided by part of an agreement, a constitution, or point of law.

ENDANGERED SPECIES

Any recognized, documented living organism that is at or below a baseline number of existing specimens projected to be the minimal number necessary for normal breeding and continuation of that specie. This

ENDORSER

Person or firm who signs a negotiable instrument to transfer ownership of the instrument or the property involved to a named receiver (endorsee).

ENERGY EFFICIENCY RATIO (EER)

Relative efficiency of a cooling or heating appliance or equipment. Contrast to overall efficiency. A measured value expressed as the ratio of output-per-hour versus the energy consumed, measured in watts-per-hour. Output is

ENGINEERED CAPACITY

Capacity, as defined as the capability to produce a certain amount of end-product or provide a specific amount of end-service. Applied to a constructed factory, production line, process, or machine to theoretically

ENRON

Held up as the way to NOT run a company. Former energy corporation rampant with corporate corruption and accounting fraud. The company positioned itself as a leader in the industry by falsifying

ENTREPRENEURIAL ORGANIZATION

Organized business-owner group, meeting regularly, sharing information, and experiences, as well as tools for improving businesses.

ENVIRONMENTAL ATTRIBUTES

Program or project characteristics categorizing short-term and long-term impacts on its environment by the type and extent. Particulate emissions, thermal discharge, and waste discharge are examples of characteristics used.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.