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

EVALUATION STAGE

Planning process event of comparing an estimated risk with its associated reward opportunity(ies).

EVEN SPREAD

When the long position and short position of an option have equal premiums, the investor does not pay nor gain a premium.

EVENT ANOMALIES

Unusual occurrence of conditions generating an abnormal return opportunity. An example is the increase gain in a selling opportunity for an increase in share price due to a company announcing the involvement

EVENT DRIVEN INVESTING

Using bad news, distressed situation, merger, recapitalization, or spinoff as a strategy taking advantage of price drops before or after these events occur.

EVENT MARKETING

Designing and developing a promotion for a product, cause, or organization. Tying a sporting event, music festival, fair, or concert with themed activity, an occasion, some display, or an exhibit.. Known also

EVERGREEN

(1) A REVOLVING CREDIT FACILITY without a specific maturity; the facility rolls over automatically every quarter or year until the BANK decides to convert it into a term LOAN with a defined

EVERGREEN CONTRACT

Automatically renewed, rollover agreement every maturity period. Continues unless any involved party cancels the agreement.

EVERGREEN OPTION

Granting additional shares into an employee option plan each year. The plan has no expiry date and needs no additional approvals for the grants. Outstanding company shares are ratioed, pre-set, to calculate

EVERGREEN PROMISE

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

EVERY DAY LOW PRICES

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

EVIDENTIAL VALUE

Value of records given as or in support of evidence, based on the certainty of the records origins. The value here is not in the record content. This certainty is essential for

EVOLUTION

Change towards improving that which exists, preserving the good characteristics and losing any detrimental characteristics. Change is random, typically generationally slow, good or bad or deadly. Fossil research has led to a

EVOLUTIONARY ECONOMICS

A company’s development and transformations explored by the impact of its processes and resources in a field of study. Darwinian principles, sociology, psychology and anthropology are blended in this field of study.

EX ALL

Means the shares buyer has no forthcoming dividend, rights shares, and scrip issue. Contrast to cum all.

EX COUPON

No interest payment rights on the next payment date given on the purchase of a bond or preferred stock.

EX PARTE ORDER

Court order against a party absent from the proceedings and given no prior notice.

EX RIGHTS

Means the shares buyer has no forthcoming rights issue. Contrast to cum rights.

EX WARRANTS

Meaning that a shares buyer will have no rights to warrants associated with the purchase or the shares.

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