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

Category: E

EQUALIZE

This mans to make the same and uniform and to make equal.

EFFECTIVE BUYING INCOME

The amount of money a taxpayer has on income from wages, interest, and other income minus what is taken out be taxes and other deductions such as FICA.

EFFLUENT STANDARD

Environment-related government agency restriction on quantities of waste water discharges, rates of discharge, and concentrations of waste material.

ELBOW

An area of the YIELD CURVE that is deemed to be financially attractive (i.e., CHEAP) and where profits can be generated by simply ROLLING DOWN THE CURVE.

ELECTRONIC

Something employing low-voltage current and solid state integrated circuits or components. Typically a device or technology for transmission and/or processing of analog or digital data. See also electronics.

ELECTRONIC DOCUMENT

Text, graphics, or spreadsheets generated by computer on any media or device for any electronic processing, including EDI. Electronically stored documents follow no format or readability requirements except when retrieve for human-use.

ELECTRONIC RECORD

A collection of data, managed and processed to become information. It is collection by electronic processes. Known also as machine readable record.

ELEPHANTS

Slang for investment plans with an extraordinary number of volume trades. An example is an employee contribution pension plan. A catch phrase for various similar plans

ELIGIBLE RESERVES

Total amount of money on-hand plus the amount of cash a bank has in a local Federal Reserve Bank. Total of hard Cash available to a US bank.

EMBRYOTOXIN

Harmful, poisonous agent or substance. Examples are mercury compounds, heavy metals, and radiation. These inhibit embryo development, retarding growth, or even terminating life.

EMOTIONAL CAPITAL

Motivating people to buy a brand or a firm’s products based on peripheral value or goodwill obtain by a company. An example is buying a product where a fairly high percentage of

EMPLOYER’S LIABILITY INSURANCE

Required by some jurisdictions, this policy covers accountability legally held against an employer for harm arising from an accident occurring during run-of-day employment.

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

ENERGY AND COMMERCE COMMITTEE

Established in 1795 this government body makes recommendations on national energy policy and domestic and foreign commerce. Consumer protection, public health costs, and energy resources regulation are parts of the policy recommendations

ENGEL’S LAW

A law of Economic theory. Income spent on food, as a percentage of overall income, decreases as income increases, other factors remaining constant. This law suggests that the percentage of income spent

ENTERPRISE ARCHITECTURE

Strategic design or ‘blueprint’ of corporate business, not the computerization. This blueprint is a business flow diagram of the business components employed in specific functional operations, the interrelationships of those components, and

ENTIRE CONTRACT CLAUSE

A contract clause overtly stating that the contract contains all aspects of agreement between an insurer and the insured. The application, endorsements, and conditions, as well as a list of specific points

ENTRY SUMMARY

Documents needed by importers certifying the products are legal imports. The importer calculates and states value, classifies goods, and determines proper duties, fees and taxes. Must be submitted to US Customs, who

EPISTEMOLOGY

The study of the limits of human understanding, the study of knowledge, its basis, nature, and origins. Seeks to answer how knowledge is gained, what it is, and how to measure and

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