Browsing Debt Glossary by E

"E" arranged definition snippets of regularly heard financial terms you might have encountered during work with your personal finances or browsing this directory, with a complete depiction by means of a single term link click.

  • Early Withdrawal – Any withdrawal on a term deposit which occurs before the specified term of the deposit is…
  • Electronic Banking (i.e. Computer Banking, Internet Banking, Cyber-banking) – Electronic banking is the process of…
  • Electronic Check – An electronic check, like a paper check, is a promissory note for payment. An electronic check…
  • Eliminating Debt – Eliminating debt is actually getting rid of debt, as opposed to consolidating or otherwise…
  • Emergency Fund – An emergency fund is a type of medium term savings account where the assets are held in a…
  • Eminent Domain – Eminent domain is a legal term expressing the state’s right to seize private property, expropriate…
  • Employee Benefit – Most employers offer a variety of employee benefits to supplement employee pay. Common…
  • Employee Stock Option (i.e. Call Option) – A commonly used employee non-cash benefit offered through publicly…
  • End Loan – An end loan, often called a permanent end loan, is a type of long-term loan obtained and used usually…
  • Endorsement – In personal finances, endorsement usually refers to the act of signing a check or voucher in order to…
  • Endowment – In personal finances, an endowment refers to funds donated to an institution as a source of income…
  • Equity – Equity is the residual value of property beyond any mortgage or liability. For example, if you own a $300,000…
  • Equity Loan – An equity loan is a real estate mortgage resulting in cash being given to the borrower. For example, if…
  • Estate – Your estate is the whole of your possessions and commonly refers to all of your property and debts left at…
  • Estate Planning – Estate planning is a generic term referring to the overall planning of a person’s wealth, usually…
  • Estate Tax – Estate tax, often called inheritance tax or death tax, is a tax imposed on wealth as it is transferred via…
  • Eviction – Eviction is the process of legally removing an inhabitant from their domicile. Eviction typically arises…
  • Exchange Rate – In finance, an exchange rate specifies how much one type of currency is worth in terms of another…
  • Exempt Income – Income which is exempt from-or not subject to-federal income tax. Exempt income is fairly limited…