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

EXPORTER

The party that makes the export declaration document. They sell for another party in another country.

EXPORTER’S SALE PRICE

The term for foreign goods to be sold to the US. Its done to allows a comparison with market value or similar goods to prevent dumping.

EXPORTS

A product that is sold to other countries by the original country. Refer to export.

EXPRESS AGREEMENT

A contract between parties that lets them declare intentions and contract them.

EXTENDED COVERAGE

The amount covered by the current insurance under normal circumstances. It is bought to help cover what is left and covers all possibe loss.

EXTENDED DEATH BENEFIT

Group policy rule that pays life insurance benefits if the insured party is disabled from the time premiums are not paid until that person dies. It is also paid if the person

EXTENDED ENTERPRISE

A bigger organization that represents all its entities that are involved with it to make a product for the user.

EXTENDED HOURS TRADING

Electronic trading that happens after normal trading sessions. It can be done by anyone while it used to be for market makers or firms. They also buy and sell stock during these

EXTENDED REPLACEMENT COST

The price to fix or replace an asset if it is damaged. The original quality is the standard for the replacement. AKA guaranteed replacement costs.

EXTENDED WAIT

Reinsurance that requires a reinsurer pay the benefits of a disability contract after the company has done for months.

EXTENDED WARRANTY

Extending coverage on a standard warranty. The time a producer is liable pays is extended. This is offered at the end of a warranty.

EXTENDIBLE OPTION

An OVERTHECOUNTER COMPLEX OPTION that allows the buyer to EXERCISE the contract on a particular reset date or reset the STRIKE PRICE to the current market level and extend the option for

EXTENSIBILITY

How a software can expend its capabilities without needing an overhaul. Refer to expendability and scaling.

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