Personal Finance Glossary
Definition of Debit Card
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An "E-commerce agreement" is a contract between two parties, relating to the promotion of products... more
An "early withdrawal penalty" is a penalty paid by the holder of a fixed-term debt instrument (such... more
"Earned income" refers generally to an individual's income earned from employment or... more
The "earned income credit" is a federal tax credit that low income workers may be entitled to... more
An "earnest money deposit" is the amount of money given by the buyer to a seller of an asset upon... more
The term "earnings" typically refers to (1) in the case of an individual, salary and other... more
"Earnings before interest and tax" or "EBIT" is a financial measure of a company defined as its... more
"Earnings before interest, taxes, depreciation and amortization" or "EBITDA" is a financial measure... more
"Earnings before tax" refers to a company's revenues minus all expenses other than... more
An "earnings estimate" is an estimate by a securities analyst as to the future expected earnings... more
"Earnings management" typically refers to a practice undertaken by public companies to manipulate... more
"Earnings per share" or "EPS" is a financial measure of a company based upon the company's... more
The term "earnout" refers to a contract provision in an acquisition contract stating that the... more
"Earthquake insurance" is a form of property insurance that pays the policyholder in the event of... more
An "easement" is a limited legal right to use another person's real estate for a specific... more
"Earnings before interest and taxes" or "EBIT" is a financial measure of a company defined as its... more
"Earnings before interest, taxes, depreciation and amortization" or "EBITDA" is a financial measure... more
"EBT" stands for "earnings before tax," which is a company's income minus all expenses, other... more
The "Equal Credit Opportunity Act" or "ECOA" is a federal law that protects consumers from... more
"EDGAR" refers to the SEC's Electronic Data Gathering, Analysis and Retrieval system, a... more
An "education IRA" is a form of individual retirement account enabling the contribution of up to... more
The term "effective tax rate" refers to the ratio, generally expressed as a percentage, of taxes... more
"Electronic filing" typically refers to the filing of tax returns with the Internal Revenue Service... more
"Electronic funds transfer" or "EFT" is a transfer of funds electronically rather than by check or... more
An "eligible rollover distribution" is a distribution from an IRA or qualifying retirement plan... more
The "Elliott Wave Theory" is a technical analysis theory for predicting the behavior of the stock... more
An "emerging market fund" is a mutual fund that invests in securities which are traded in the... more
The term "emerging markets" refers to the financial markets of developing... more
To make sure that employees keep a company's proprietary information confidential, an "employee... more
An "employee contribution plan" is a retirement plan whereby employees make contributions to an... more
An "employee handbook" is a company's written statement of policies and procedures applicable... more
The "Employee Retirement Income Security Act" or "ERISA" is the U.S.federal law that governs the... more
An "employee share ownership trust" or "ESOT" is a trust account established by a corporation to... more
An "employee stock ownership plan" or "ESOP" is a company contributed trust fund that buys and... more
An "employee stock purchase plan" or "ESPP" is a company sponsored plan where participating... more
An "employment agreement" is a contract between an employer and employee setting forth the terms of... more
An "employment application" is a form to be filled out by prospective employees. The application... more
The "employment rate" is the percentage of the number of persons actually employed over the total... more
An "encumbrance" is a legal term referring to anything that affects or limits the title to... more
An "endorsement" has multiple meanings, including (1) a written form attached to an insurance... more
An "endowment fund" is a fund generated from the gift (usually of cash) of a donor to an... more
"Enterprise value" is defined to mean a company's market value (in other words, the total value... more
The term "entrepreneur" refers to an individual starting a new business and taking on the risks... more
"Earnings per share" or "EPS" is a financial measure of a company calculated by the company's... more
The "Equal Credit Opportunity Act" or "ECOA" is a federal law that protects consumers from... more
"Equifax" is one of the three main credit reporting agencies in the United States, headquartered in... more
An "equipment lease agreement" is a contract that sets forth the rights and obligations between a... more
The term "equity" has multiple meanings, depending on the context. In connection with real estate,... more
The term "equity financing" refers to the sale of preferred stock, common stock, options or... more
An "equity fund" is a mutual fund that invests primarily in stocks. The value of the shares in the... more
"Equity holders" are those individuals or entities who hold portions of a firm's equity. In a... more
An "equity market" is a stock market for the trading of publicly held company stock and equity... more
The "Employee Retirement Income Security Act" or "ERISA" is the federal law that governs the... more
"Escrow" is a financial mechanism where property or money is held by a third party (the "escrow... more
An "escrow holdback" is an escrow mechanism used in merger and acquisition transactions where a... more
An "employee stock ownership plan" or "ESOP" is a company contributed trust fund that buys and... more
An "employee share ownership trust" or "ESOT" is a trust established by a corporation to facilitate... more
An "employee stock purchase plan" or "ESPP" is a company sponsored plan where participating... more
An "estate" often refers to the assets left behind by a person upon his or her death. The assets... more
"Estate planning" is the process where a person plans for the disposition of his or her assets and... more
An "estate tax" is a federal or state tax imposed on an individual's assets upon his or her... more
An "estoppel certificate" often refers to either (1) a document in which a borrower certifies the... more
"Exchange-traded funds" or "ETFs" represent a pool of stocks similar to an index mutual fund.... more
The "euro" is the common currency of many countries in the European Monetary Union (EMU). The... more
A "eurobond" is a debt obligation that has been issued in one country's currency but is traded... more
"Euronext" is a European stock exchange with subsidiaries in Belgium, France, Netherlands, Portugal... more
The "European Union" is an economic association of European countries whose goals are a single... more
"Ex-dividend" means "without dividend." The buyer of stock when they are quoted "ex-dividend" is... more
"Exchange-traded funds" or "ETFs" represent a pool of stocks similar to an index mutual fund.... more
An "excise tax" is a tax applied to the consumption of a particular type of good, such as alcohol... more
An "executor" is an individual or trust institution designated in a will to administer the estate... more
An "exemption" is a deduction allowed by law to reduce the amount of income that would otherwise be... more
"Exercise price" is the price at which an option, warrant, or futures contract can be exercised to... more
The term "expense" with respect to accounting/financial matters refers to an outgoing payment made... more
The "expense ratio" of a stock or asset mutual fund is the total percentage of fund assets used for... more
The term "expensed" refers to charging an expense to an expense account, and getting... more
"Experian" is one of the three major credit reporting agencies in the United States, formerly known... more
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    Churning

    The term "churning" refers to excessive securities trading by a stock broker who...