| ECONOMIC
RESOURCES
- Scarce items which require effort to produce and for which a price
must
be paid to acquire them.
EFFECTIVE
GROSS INCOME -
The estimated potential gross income from all sources after allowance
to
cover losses due to bad debt.
EFFICIENCY
RATIO -
The percentage of total building square footage in relation to its net
leasable area, commonly associated with the leasing of commercial
property.
ELECTRONIC
DATA INTERCHANGE
(EDI) - The process of sending information between computers so
that
certain transactions (such as ordering, invoicing and payments) can
take
place electronically.
EMPLOYMENT
CONTRACT -
A contract established between a contractor and a business setting out
the terms of employment.
ENCROACHMENT
- The
unauthorized intrusion onto the property of another.
ENTREPRENEUR
- A person
who organizes and manages a business.
EQUATION
- A statement
of equality between two quantities.
EQUITY
- Permanent
funds put into the business from yourself or from someone who invests
in
your business for a share of ownership.
EQUITY
CAPITAL - Money
invested in the business by owners (personal resources).
EQUITY
CAPITALIZATION
RATE - A capitalization rate expressing the relationship between
cash
flow and the equity invested in a business.
|
