EBITDA. Earnings before interest, taxes, depreciation, and amortization.
E-Check. A method of automatically paying for goods or services that works much like direct deposit in reverse. Companies keep a customer´s voided check on file, which allows them to debit the customer´s bank account for the amount owed.
EDI Electronic Data Interchange). The exchange of standardized document forms between computers for business use. EDI has traditionally been a very complex and expensive undertaking. As more companies build inexpensive, standards-based networks around the Internet, however, EDI systems are becoming cheaper and easier to use.
Embossing. To raise a design or letters already printed on a card.
Employee Retirement Income Security Act (ERISA). A broad-reaching law that establishes the rights of pension plan participants, standards for the investment of pension plan assets, and requirements for the disclosure of plan provisions and funding.
Employee Manual. A handbook that describes a company´s personnel procedures, policies and benefits.
Employer ID Number (EIN). An identification number assigned to businesses for taxpaying purposes by the IRS or state taxing authorities. An Employer ID Number is required for partnerships, corporations, and trusts, and it may be required for sole proprietorships that have employees. Also called a Federal ID Number or Taxpayer ID Number.
Employment Agreement. An agreement that sets forth the rights and obligations of employees and employers. Typical employment agreements oblige employees to keep trade secrets confidential and to not solicit other employees after their departure.
Encryption. The translation of plain-text data, such as an email message, into an unreadable code in order to ensure its safe transmission over the Internet. To read encrypted data, you must have software that allows you to decrypt it.
Entrepreneur. One who assumes the financial risk of the initiation, operation, and management of a given business undertaking.
Equal Employment Opportunity (EEO). Federal legislation prohibiting employment discrimination based on age, race, sex, religion or ethnic background.
Equal Employment Opportunity Commission (EEOC). The federal agency responsible for handling workplace discrimination complaints. Many states have comparable agencies.
Equal Pay Act. Federal legislation that prohibits certain employers from paying different wages to men and women who perform the same work in similar working conditions.
Equity. An ownership interest in a business. For example, stock in a corporation represents equity in the corporation.
Equity Financing. The provision of funds for capital or operating expenses in exchange for capital stock, stock purchase warrants, and/or options in the business financed, without any guaranteed return, but with the opportunity to share in the company's profits.
Ergonomic. Machines and equipment, such as computers, chairs, and lighting, designed to reduce injuries and increase productivity.
ESOP (Employee Stock Ownership Plan). A retirement-type plan in which a trust holds stock in the employees´ names. Employees receive cash from the stock only when they leave the company or perhaps when the company is sold.
Ethernet. The most common method for transferring data over a Local Area Network (LAN).
Exempt Employee. Employees who are not bound to overtime regulations and minimum wage laws. Who is exempt depends on level of responsibility or professional status.
Exit Interview. An interview conducted at the end of an employee´s term of employment to obtain employment feedback and to remind the employee of his or her confidentiality obligations.
Extranet. An intranet that is open to certain external users, such as suppliers and clients. These external users may log onto an extranet in a one-way relationship or they may connect their own intranet with the host intranet, creating a two-way relationship
Business Glossary (E)
Düzenli Mod
