Category: E

New technologies that will substantially alter the business and social environment. These include information technology, wireless data communication, man-to-machine communication, on-demand printing, biotechnologies, and advanced robotics. All of these are currently improving

Employee retirement benefit. A trust account the employer contributes to and earns taxable income deduction. The employees earn interest and employer contribution but are taxed on both. When receiving retirement, the former

A program or system that functionally duplicates a known program or system. The duplication shows in the behavior and results of another software, but typically the performance of the original software is

A planned or obligated expenditure in an accounting ledger represented by a posted entry record. The required amount to fund the item is reserved and posted as an obligation when initially posted

A variable whose values vary based on a functional relationship in a model. An example is consumption expenditure and income are variables functionally related (endogenous) to a model of income determination. Basically,

Generating heat or electricity by burning waste material from a process. A traditional resource recovery method.

Manages membership in a health insurance plan. Department accountable for enrollment process in a company or group.

Known also as enterprise resource planning.

In general, the age someone registered for something can participate. Example: age an employee is payment-eligible in a pension plan, usually age 65.

Environmental guardianship based on policies and procedures. Objectives are (1) the conserving of natural resources, (2) the preserving of the existing natural environment and, (3) where possible, repairing damage and reversing trends.

A two-sided mathematical statement where the left and right side statements have equal value. Used to evaluate a value or identify the value of one or more variables in the equation. A

An OVERTHECOUNTER SWAP involving the exchange of a floating INTEREST RATE for potential gains from the appreciation an EQUITY reference index (which may take the form of a single COMMON STOCK, a

The way investments in subsidiaries is tracked by a parent company. The profits and losses are posted on separate accounts for each subsidiary as a balance sheet. This begins from the time

A measure of the number of years it takes for an investor to recover the initial CONVERSION PREMIUM paid in acquiring a CONVERTIBLE BOND, typically computed as: where Convprem is the conversion

1. In Construction, this is an allowance to change the contracted price for labor, material, etc., based on a change in market prices or a consumer price index (CPI) as a benchmark.

Projected volume from a cache or reserve. Typically stated for oil or gas drilling. Drives prospective investments in an oil or gas exploration company. Used mainly by market sector analysts.

Morality stated as principles. Intended to generate trust, good behavior, fairness, and kindness. Typically occurs in a corporate setting, for an organization.

Commonly known as Eurobond, Eurloan, and Euronote markets.

A working collaborative of specific European countries. Addressing mutual concerns is the mission.

Consistently lower-than-customary prices replace periodic promotional discounts as a trading practice.