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

Category: E

ENDOGENOUS UNCERTAINTY

If the company would announce the uncertainty, it would end the doubt enveloping a company’s financial situation.

ENERGY RECEIPTS

Measured energy usage by the contracted energy user. Measured by the generating entity, typically the energy utility over its transmission lines.

ENROLLEE

A person signed up to receive benefits from a health insurance plan. Dependents of an insured are excluded.

ENTERPRISE RELATIONSHIP MANAGEMENT

Organized, computerized, periodic analysis of customers, sales, and market data. Computerized analysis trends detect patterns of demand, usage, and service requirements. Patterns are feedback to devise new or improved procedures and policies

ENTROPY

A measurable condition. The level of disorder in a closed but changing system. The system can only change in one direction, from a relatively ordered state to a more disordered state. During

EQUATED MONTHLY INSTALLMENTS (EMI)

Planned, static, constant-amount repayment installments. May be post-dated checks collected in advance. Typically cover hire purchases, leases, or loans.

EQUITIES MARKET

Ordinary shares of various types of stocks are bought and sold in a central trading place, called a securities market. In the US there are several of such markets, collectively called The

EQUITY MARKET

A place for trading investment vehicles, giving companies sources of capital, as well as investments for another entity to share risks, invest, and raise personal worth. Known also as stock market.

EQUIVALENT ANNUAL COST

Calculated yearly cost for owning an asset, tallied up to a to-date, life-time cost of ownership.

ERUDITE

Scholarly; smart. People who have great knowledge from spending extended time gaining this knowledge. This knowledge is gained formally through school, or personally by reading. Experts are considered to be erudite in

ESTIMATED TIME OF DEPARTURE (ETD)

Projected leaving 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 departure.

ETHICAL RELATIVISM

Basing choices on what seems right or reasonable solely on one’s belief or value system. A trend of making ethical decisions this way.

EUROLOAN

Foreign currency denomination-based loan.

EUROPEAN TERMS

Exchange rating against one US dollar. Rate is how much of a foreign currency, in units and fractions, will buy one US dollar. The reciprocal term is how many US dollars, in

EVERGREEN PROMISE

Perpetual renewal or reoccurrence regardless of what happens in the future.

EXAMPLES

One member of a group that is representative of the group. A person is a example of a member of a group of people.

EXCHANGE RATE RISK

Investing or dealing with competing currencies that have no mutually agreed-to fluctuation limit carries this exposure and uncertainty. Known also as currency risk.

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