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This glossary is a FREE SERVICE to assist the student and enthusiast alike to get a better understanding of financial terms, analyst industry jargon and monetary concepts. It is a free service to all internet users.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
  
Exact search         lion Contains the word      millions
Starts with word     lioness Ends with word          million
 
earnings before interest and tax (EBIT, operating profit, earnings before interest and tax, PBIT) Earnings before interest and tax is the (third level of) profit remaining after overhead expenses have been deducted from gross profit. [EBIT = Gross profit – Overheads]

economic return on average total capital employed, (“r” and “R” and economic return on average capital) EcROCE is NOPAT on average total capital. [EcROCE = NOPAT]

economic value added, eva® (EVC) Economic value created is the before interest and after tax operating profit, R, minus the total cost of capital, K. [EVA ® = R – K]

economic value created (rate), eva® % (EVC%, spread) EVA ® % is the before interest and after tax operating profit, R, minus the total cost of capital, K, expressed as a percentage (of total capital) [EVA % = R% – K%]

endorsement written evidence of some alteration to a policy of insurance

equity (Shareholders’ interest) Equity is that part of the business capital which is owned by shareholders

excess that first part of a loss for which the insured is liable

exposure the possibility of loss or damage