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

Category: Finance Dictionary

EXCESS CASH

Cash available that is greater than what is planned. Exhibits as greater revenue on its balance sheet. The limit is typically 20 percent.

EXCESSIVE FORCE

In a given situation, the use of aggressive capability above expectation. The capability use is deemed unreasonable or unwarranted.

EXCLUSION CLAUSE

Statement in an agreement that does not cover or does not include something, such as excluding relatives from insurance coverage. Refer to exculpatory clause, exemption clause, and indemnity clause.

EXCULPATE

Removing blame or accusation from a person. Typically for a non-criminal act, like a traffic accident. There is nothing illegal or immoral or criminal in this action. Contrast and refer to acquit

EXECUTIVE ASSISTANT

One who assists an executive. Can be secretarial, administrative, logistical, or a representative-designee replacement for the executive in approved, documented activities and decisions.

EXECUTORY TRUST

An unfinished trust, missing instructions for the trustor. Known also as imperfect trust or incompletely constituted trust. Refer to executed trust.

EXPANDED ACCOUNTING EQUATION

Allows a more detail view of owner equity in a company. One calculates by subtracting liabilities and asset value remove from the company by this owner from total revenue to-date since ownership

EXPECTED MORTALITY

Mortality-table-based prediction of the likely, time-bound frequency of death in a specific group of people.

EXPERIMENTAL ECONOMICS

How an experiment is controlled when testing the affect of human behavior on the testing process.

EXPLODING OPTION

A BULL SPREAD or BEAR SPREAD that generates a payoff once the two STRIKE PRICES defining the SPREAD are breached i.e., the spread

EXPORT PROMOTION

An incentive program that attracts firms into exporting. Help is offered to get their business and promote it.

EXTERNAL CONTROL

Measures that affect the company operations that are imposed by the government or another organization. It is a rule that affects the company and involves taxes as well.

EXTERNALITIES

A factor those benefits and costs are not recorded on the market prices.

EXTRUSION

The process of using blank metal or plastic being forced through a metal piece or die to make a single ribbon.

DANGEROUS GOODS DECLARATION

A document that a cosignor makes to certify a dangerous good is in accordance with international shipping standards.

DATA PROCESSING INSURANCE

Protection against loss of equipment and media used in data processing. It also helps with restarting business operations. It is in the specified risk or hazards that the items covered are listed.

DATE OF MANUFACTURE

The date when a product is made or when it is as it is described in the technical literature.

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.