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

Category: Finance Dictionary

EXISTING HOME SALES

National Association of Realtors issues this monthly report tracking sales of existing homes. It is released around the 25th of each month. The comparisons can be month-to-month, or for a particular month

EXPANSIONARY GAP

Latter-staged portion of a business cycle expansion experiencing a short run equilibrium real production being greater than the fullemployment real production. The equilibrium real production occurs in the shortrun aggregate market. Fullemployment

EXPECTED RETURN ON INVESTMENT (EROI)

A formulated, predictive return on an investment to help make a worthwhile investment decision . It is generated by calculating a series of potential results, filtering out unwanted ones by specific conditions,

EXPENSE LOADING

Expenses are covered by this amount and is typically added to the rate.

EXPERT

A person that had knowledge and skills learned over years of experience in a subject. Their opinion can be helpful in problem solving. Refer to expert evidence.

EXPORT SUBSIDY

When the government offers help to exporters for service subsidy, cash rebate, or a cash drawback. It promotes fair competition.

EXTERNAL DEBT

The money borrowed by a foreign country. It must be paid in the currency the loan was made in. An export must happen sometimes to get that currency.

DANGEROUS SUBSTANCE

A material on the EC dangerous substances directive that is accumulative or toxic. Refer to danerous goods and bioaccumulation.

DATE OF SERVICE

The date when an insured party is seen by a doctor or given a treatment.

DAYCOUNT

How the days for interest are decided. A month has 30 days and a year is 360 days. Actual 60 is the days in a month but a 360 day yar. An

DE FACTO MERGER

A transaction that is not on a merger but can effect acquisition of a firm asset or stock. It is a statutory merger for appraisal, voting rights, and other matters.

DEADWEIGHT LOSS OF TAXATION

The way tax changes supply and demand for the customer. It lowers price to make but increases price to buy the product. It leads to market shrinkage. AKA excess burden.

DEBIT SPREAD

Any OPTION SPREAD that results in a net outflow of PREMIUM. See also CREDIT SPREAD.

DECISION MATRIX

A table of alternatives for a problem. Alternatives are on the first column. Their criteria are on the following columns. It is given a score based on their value. The scores are

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