Equity capital flows (direct investment)Equity capital increases and decreases. Equity capital increases consist of payments by parent companies to third parties abroad for the purchase of…
Equity fundA mutual fund whose portfolio consists primarily of common and/or preferred stock.
Equity loanSame or similar to "home equity line of credit." See also "home equity line of credit" under "mortgage."
Equity strippingThe lender encourages you to borrow heavily from the equity in your home (the amount you own free and clear of your mortgage) as an easy way to get…
Equivalent taxable yieldWhile taxable bonds normally pay higher interest rates than tax-exempt bonds, they sometimes provide a lower overall yield.
Error ResolutionThe required process for resolving errors involving electronic transfers to and from deposit accounts
Escape ClauseA provision allowing one party or more to cancel all or part of the contract if certain events fail to happen, such as the ability of the buyer to obtain…
EscheatReversion of real or personal property to the State when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank…
EscrowA financial instrument held by a third party on behalf of the other two parties in a transaction.
Escrow AccountAn account that serves a specific purpose, which ends when a certain condition is met or a certain event occurs.
Escrow agentAn escrow agent is the person or group that holds certain of your assets in an escrow account while you negotiate the final terms of a contract.
Escrow AnalysisThe periodic examination of escrow accounts by a mortgage company to verify that monthly deposits are sufficient to pay taxes, insurance, and other…
Escrow FundsFunds held in reserve by a mortgage company to pay taxes, insurance, and other mortgage-related items when due.
Essentially equivalent jobsEssentially equivalent jobs must involve essentially the same duties and responsibilities, qualifications and experience, and area of employment.
EstablishmentAn economic unit-business or industrial-at a single geographic location, where business is conducted or where services or industrial operations are…
EstateYour estate is what you leave behind, financially speaking, when you die. To figure its worth, your assets are valued to determine your gross estate.
Estate AccountAn account held in the name of a decedent that is administered by an executor or administrator of the estate.
Estate taxYour estate owes federal estate tax on the value of your taxable estate if the estate is larger than the amount you are permitted to leave to your heirs…
estimated income and current yieldIn most cases, estimated income is the amount of dividend and/or interest expected to be received annually.
Ethics AgreementAn ethics agreement is an arrangement that an employee or nominee makes with her agency to alleviate an actual or potential conflict of interest.
Ethics Counselor (EC) or Ethics OfficialAn agency employee who is delegated agency ethics program responsibilities. In DoD, an EC is an attorney appointed in writing to perform specific ethics…
EuroThe euro is the common currency of the European Monetary Union (EMU). The national currencies of the participating countries were replaced with euro coins…
EurobondA eurobond is an international bond sold outside of the country in whose currency it is denominated, or issued.
EurocurrencyEurocurrency is any major currency that is deposited by a national government or corporation based outside the country where the bank receiving the funds…
EurodollarEurodollars are US currency deposited in banks outside the US, usually, but not always in Europe.
European Central Bank (ECB)The European Central Bank is the central bank of the European Monetary Union (EMU), whose member countries use the euro as their currency.
European style optionA listed option that you can exercise only on the last trading day before the expiration date is called a European style option whether it trades on a US…
Everyday debit card transactionsPurchases made with your debit card on a day-to-day basis (excludes all checks and automatic bill payments)
EvictionThe legal act of removing someone from real property.
Ex-dividendWithout dividend. The buyer of shares quoted ex-dividend will not receive an already declared dividend.
Excepted TrustA trust in which a filer has a vested interest, but no knowledge of the holdings.
Exception HoldA period of time that allows the banks to exceed the maximum hold periods defined in the Expedited Funds Availability Act.
Excess contributionAn excess contribution occurs when the salary deferrals or matching contributions of highly compensated employees are higher than the amounts permitted by…
Excess SpreadThe extent to which the Weighted Average Coupon on the assets underlying an asset-backed security exceeds the coupon rate of that security plus any…
ExchangeAn exchange generally occurs when one company acquires another. The shareholders of the acquired company are often given the option to sell their shares…
Exchange RateThe amount a dollar is worth when you exchange it for money from another country.
Exchange traded notesExchange traded notes (ETNs) are debt securities issued by a financial institution, listed on a stock exchange, and traded in the secondary market.
Exchange-traded fund (ETF)Exchange-traded funds (ETFs) are listed on a stock exchange and trade like stock.
excise taxA tax on the sale or use of specific products or transactions.
ExclusionA contractual provision in an insurance policy that denies or restricts coverage for certain perils, persons, property or locations.
ExclusionsSpecific situations or circumstances listed in your policy describing when benefits will not be paid.
Exclusive ListingA written contract that gives a licensed real estate agent the exclusive right to sell a property for a specified time.
ExecutorA person named in a will and approved by a probate court to administer the deposition of an estate in accordance with the instructions of the will.
Executor/ExecutrixWhen you die, your executor administers your estate and follows the directions provided in your will.
exempt (from withholding)Free from withholding of federal income tax. A person must meet certain income, tax liability, and dependency criteria.
Exempt employee (FLSA)Exempt employee (FLSA) in the context of H-1B workers generally refers to the professional workers who are exempted from the overtime requirements of the…
Exempt H-1B workerExempt H-1B worker is an H-1B worker who receives at least $60,000 per year in wages or has attained a master's or higher degree in a specialty related to…
ExemptionAn exemption is a fixed dollar amount that you can subtract from your adjusted gross income to reduce your taxable income.
exemptionsAmount that taxpayers can claim for themselves, their spouses, and eligible dependents. There are two types of exemptions-personal and dependency.
ExerciseWhen you act on a buying or selling opportunity that you have been granted under the terms of a contract, you are said to exercise a right.
Exercise priceAn option's exercise price, also called the strike price, is the price at which you can buy or sell the stock or other financial product that underlies…
Existing windowsThe windows existing at the time of designation or windows which have been changed subsequent to designation pursuant to a permit issued by the Commission.
Expense ratioA mutual fund company's cost of doing business. It includes the fund's management fee as stated in the Simplified Prospectus.
Expiration cycleEquity and index options expire on a predictable four-month schedule, two of which are determined by the expiration cycle to which the underlying…
Expiration dateThe date on which an insurance policy expires.
Extraordinary Medical BenefitsThis coverage pays when medical and rehabilitation expenses exceed $100,000. It provides a maximum of $1 million of coverage.
Eyebrow dormerA curved dormer with no sides, covered by a smooth protrusion from the sloping roof.