Earnings
The amount of profit a company is left with after all costs, expenses and taxes have been subtracted. Earnings are the ultimate measure of value of a company in the marketplace. Also known as profit or net income.
Economic indicators
Notable statistics that analyze business conditions and predict the trend of the economy. These statistics include the unemployment rate, inflation rate, factory utilization rate and balance of trade.
Endorsement
In some forms of insurance, an endorsement is a provision that is added to an insurance policy that adds to or alters the coverage.
Emancipation
The freedom to assume responsibilities usually reserved for adults. A minor can be granted emancipation by a court. Ex: The death of both parents emancipates a minor to act as a guardian over his siblings.
Embargo
A government prohibition of the shipment of goods to and from another country. An embargo is often enacted during peacetime, but can also be used by organizations such as OPEC to influence global affairs and the global economy.
Eminent Domain
The right of the government to seize private property in order to construct public facilities such as hospitals, roads or government buildings. Federal, state, and local governments have this right so long as the individual who’s property was seized is compensated at a fair market value.
Entitlements
Government benefits such as Social Security and Medicare that must be paid to anyone meeting specific eligibility requirements.
Estate taxes
Taxes levied by the federal and state governments on the transfer of your assets after you die. The government levies estate taxes on the worldwide assets of both U.S. citizens and U.S. residents.
Enterprise
A business firm, especially a newly formed venture
Escheat
The return of property to the state if it is abandoned or left by a person without making a will. However if the heirs or rightful owners return, they have to right to reclaim it
Escrow
Property, assets, or money held by a third party until a certain conditions of a contract can be met.
Exemption
A legal, IRS allowed direct reduction from one’s gross income (less money is taxed). These include disabilities, dependant family members, children and spouses.
Exports
Goods and services one country produces and sells to others. The opposite of imports, strong exports are necessary to have a favorable balance of trade.