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

EXPANSIONARY MONETARY POLICY

Fiscal policy intending to increase country’s money supply, building it higher than demand, then taking advantage of the increased capital to make tax cuts while increasing government spending to trigger spur economic

EXPANSIVITY

As standard temperature increases, the related, fractional, measurable increase of a solid in its length (linear expansivity), its area (superficial expansivity), or its volume (volume expansivity).

EXPATRIATE

Citizen of country A living in country B. Classification of this citizen occurs regardless if the citizen has a short stay or an extended or lifetime stay in country B.

EXPECTANCY THEORY

Cognitive-psychology-based motivational theory. Proposes that motivation occurs when predicted, conscious expectations of what will occur are realized as a person does specific, planned actions. This is a loop of increasing productivity linked

EXPECTANCY VALUE MODEL

Consumer attitude theory type proposing consumers ranking of products is based on all of the product’s characteristics. Known also as the fishbein model.

EXPECTATION

1. In General, this is the belief that something will happen based on a series of actions. 2. In Statistics, this is the likelihood, the average probability, of an unplanned occurrence.

EXPECTATION OF LIFE

Experience-based mortality-table-calculation of an average person’s number of remaining years of life, as of a certain age.

EXPECTATIONS HYPOTHESIS

Mathematical formula calculating potential future interest rates. If the following equation is true: (1 + RLt) squared = (1 + RSt) ( 1 + RS*t+1), given RS is the 1-year interest rate,

EXPECTATIONS THEORY

A theory of INTEREST RATES indicating that the expectations of investors influence the TERM STRUCTURE of rates. Thus, if investors expect future rates will be higher than current rates, the YIELD CURVE

EXPECTED CLAIMS

Statistical prediction on the number of claims that will occur in the contract year. T

EXPECTED LOSS

The EXPECTED VALUE, or MEAN, of a statistical loss distribution function. The loss distribution function may be created to compute credit losses, INSURANCE losses, or other financial losses.

EXPECTED MONETARY VALUE

Total of the weighted payoffs as predicted outcomes related to one decision. The weightings relate to the likelihood, expressed as probabilities, of varied events generating the possible payoff. Mathematically, this is the

EXPECTED MORBIDITY

Mortality-table-based prediction of the likely, time-bound frequency of illness or injury to a specific group of people.

EXPECTED MORTALITY

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

EXPECTED RETURN

The method of predicting the likelihood, on average, of a gain from investing in a particular asset. Varying factors, representing market conditions and perceived asset worth, varies the predicted return.

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,

EXPECTED UTILITY

The weighted average utility value or satisfaction from income or wealth that is derived from a particular activity. Utility is generally used in an economic or theoretical RISK MANAGEMENT framework; precise measurement

EXPECTED VALUE

(1) The MEAN of a distribution of values that a random variable can take. (2) The value that is obtained given certain possible outcomes and probabilities of occurrence. In financial RISK MANAGEMENT

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.