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| Early withdrawal penalty | Is a penalty paid for taking money out of a fixed term investment early. Ex. taking money out of a 1 year GIC at 6 months. |
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| Earnings per share: EPS | The sum of a company's earnings divided by the amount of outstanding shares over a specified period of time. |
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| Economic cycle | Normally charecterized by long-term pattern changes in national income. It is commonly thought that business cycles are four stages long growth, prosperity, contraction and finally recession |
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| Economic indicator | Data revealing broad trends within the economy. Leading indicators predict the markets future, coincident indicators become available during the current market while lagging indictaors become apparent after the market activity. GDP, the consumer price index and market prices are all economic indicators. |
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| Economy of scale | Reducing the cost per unit of a product as a result of increased production because of increased efficiency. |
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| Effective tax rate | The amount of tax paid divided by net taxable income before taxes, described as a percentage. |
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| Emerging market | The economy of a developing nation, which usually does not have a long operating history. |
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| Equity | a companies common and preferred shares are equity within the company. |
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| Equity Financing | is when a corporation uses common or preferred shares to obtain capital. This strategy is employed when firms have no other means of raising financing. |
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| Equity Funds | are mutual funds that invest in common and preffered shares. |
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