Egg and dartAn ornamental band molding of egg forms alternating with dart forms.
Electronic BankingA service that allows an account holder to obtain account information and manage certain banking transactions through a personal computer via the…
Electronic benefits transfer (EBT)Electronic benefits transfer, or EBT, is a system through which recipients of certain government benefits receive and spend funds electronically, using a…
Electronic bill paymentIf you have an electronic bill payment arrangement with your bank, your bills are sent to an account you designate and the bank pays them automatically…
Electronic bill presentmentIf you pay bills online, you may be able to take advantage of electronic bill presentment, a paper-free method of reporting your outstanding charges and…
Electronic Check ConversionElectronic check conversion is a process in which your check is used as a source of information-for the check number, your account number, and the number…
Electronic communications network (ECN)An ECN is an alternative securities trading system that collects, displays, and executes orders electronically without a middleman, such as a specialist…
electronic filing (e-file)The transmission of tax information directly to the IRS using telephones or computers.
Electronic funds transferElectronic funds transfer (EFT) is the means by which financial institutions exchange billions of dollars every day without the physical movement of any…
Electronic Funds Transfer (EFT)(EFT)The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than…
Electronic Funds Transfer Act (EFTA)(EFTA)Signed by President Jimmy Carter in 1978, the act is intended to protect individual consumers engaging in electronic fund transfers (EFTs).
electronic preparationElectronic preparation means that tax preparation software and computers are used to complete tax returns.
Electronic Return Originator (ERO)(ERO)The Authorized IRS e-file Provider that originates the electronic submission of an income tax return to the IRS.
Electronic Signature (or eSignature)An indication on an electronic record indicating that the signer approves or authorizes the record under the terms stated after going through an…
Elevated BuildingA building that has no basement and has its lowest elevated floor raised above the ground level by foundation walls, shear walls, posts, piers, pilings…
ElevationA drawing of a face of a building with all the features shown, as if in a single vertical plane
Elevation CertificateA certificate that verifies the elevation data of a structure on a given property relative to the ground level.
Elimination PeriodIf you have disability insurance or long-term care insurance, there's a waiting period, called the elimination period, from the time you become disabled…
EmbezzlementIn most States, embezzlement is defined as theft/larceny of assets (money or property) by a person in a position of trust or responsibility over those…
Emergency Economic Stabilization Act (EESA)(EESA)A 2008 statute that authorized the U.S. Department of the Treasury to undertake specific measures to provide stability and prevent disruption in the…
Emergency fundAn emergency fund is designed to provide financial back-up for unexpected expenses or for a period when you aren't working and need income.
Emergency Home Finance Act of 1970The Emergency Home Finance Act of 1970 created Freddie Mac and authorized it to create a secondary market for conventional mortgages.
Emergency ProgramThe initial phase of a community's participation in the National Flood Insurance Program.
Emergency Response (ER)(ER)The U.S. EPA's Emergency Response (ER) Program coordinates and implements a wide range of activities to ensure that adequate and timely response measures…
Emergency Response Notification System (ERNS)(ERNS)The Emergency Response Notification System (ERNS) is a database used to store information on notifications of oil discharges and hazardous substances…
Emerging marketCountries in the process of building market-based economies are broadly referred to as emerging markets.
Emerging markets fundEmerging markets mutual funds invest primarily in the securities of countries in the process of building a market-based economy.
Eminent DomainWhen a government takes private property for public use. The owner receives payment for its fair market value.
Employ American Workers Act (EAWA)(EAWA)Employ American Workers Act is at section 1611 of the American Recovery and Reinvestment Act of 2009 at page 191 of 407.
employeeWorks for an employer. Employers can control when, where, and how the employee performs the work.
Employee Retirement Income Security Act (ERISA)This comprehensive law, best known by the acronym ERISA, governs qualified retirement plans, including most private-company defined benefit and defined…
Employee stock ownership plan (ESOP)An ESOP is a trust to which a company contributes shares of newly issued stock, shares the company has held in reserve, or the cash to buy shares on the…
EmployerEmployer means a person, firm, corporation, contractor, or other association or organization in the United States which has an employment relationship…
Employer sponsored retirement planEmployers may offer their employees either defined benefit or defined contribution retirement plans, or they may make both types of plans available.
Employer-Assisted HousingA program in which companies assist their employees in purchasing homes by providing assistance with the down payment, closing costs, or monthly payments.
Employment and Training Administration (ETA)(ETA)Employment and Training Administration (ETA) is the agency within the U.S. Department of Labor which includes the Office of Foreign Labor Certification…
Employment Authorization Document (EAD)(EAD)Employment Authorization Document (EAD) is issued by USCIS as evidence that a worker who is not a citizen or a lawful permanent resident is permitted to…
EnclosureThat portion of an elevated building below the lowest elevated floor that is either partially or fully shut-in by rigid walls.
EncodingThe process used to imprint or inscribe MICR characters on checks, deposits, and other financial instruments.
EncroachmentThe intrusion onto another's property without right or permission.
EncroachmentsA structure that extends over the legal property line on to another individual's property.
EncumbranceAny claim on a property, such as a lien, mortgage or easement.
End loanSame or similar to "construction loan." See also "construction loan."
End ReviewA reviewer assisting another reviewer may End Review to signify that the reviewer has completed review of a financial disclosure report.
End UseA classification system for U.S. exported and imported merchandise based on principal use rather than the physical characteristics of the merchandise.
EndorsementAmendment to the policy used to add, change, or delete coverage. Also referred to as a “rider.”
Endowment FundsThose funds that have been given to the State of Arizona and held in perpetual trust, the investment of which is made on behalf of designated…
Enforcement ActionA regulatory tool that the OCC may use to correct problems or effect change in a national bank.
EnframementA general term referring to any elements surrounding a window or door.
EngineerAny individual, partnership, corporation or other legal entity licensed to practice the profession of engineering under the education law of the State of…
English bondA pattern of brickwork with alternate courses of headers and stretchers.
Enhanced index fundAn enhanced index fund chooses selectively among the stocks in a particular index in order to produce a slightly higher return.
EntablatureA major horizontal member carried by a column(s) or pilaster(s); it consists of an architrave, a frieze, and a cornice.
Enter into employmentEnter into employment occurs when workers first make themselves available for work or otherwise come under the control of the employer, such as by waiting…
EnterpriseA business, service, or membership organization consisting of one or more establishments under common, direct or indirect, ownership or control.
Entrance recessThe recessed opening in the facade leading up to the doorway of a storefront or building entrance.
Environmental Justice (EJ)(EJ)Environmental Justice (EJ) is the fair treatment and meaningful involvement of all people regardless of race, color, national origin, or income with…
Environmental Protection Agency (EPA)(EPA)Environmental Protection Agency (EPA) was established as an independent agency on December 2, 1970 during President Nixon's term in office.
Environmental Response Team (ERT)(ERT)In 1978, the Environmental Response Team (ERT) was established under Section 311 of the Clean Water Act to provide on-site national expert as required by…
Equal Credit Opportunity ActA federal law prohibiting lenders and other creditors from discrimination based on race, color, sex, religion, national origin, age, marital status…
Equal Credit Opportunity Act (ECOA)(ECOA)Prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, or…
Equipment and softwareInvestment in equipment and software consists of capital account purchases of new machinery, equipment, furniture, vehicles, and computer software…
EquityAnother word for "stock." It represents an ownership interest by shareholders in a corporation.
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.