What is 'Economic Growth And Tax Relief Reconciliation Act of 2001 - EGTRRA' A U.S. tax law, effective for tax years beginning 2002, that made some of the most important changes to retirement plans, including increased contributions...
DefinitionEarnings yield is the quotient of earnings per share divided by the share price. It is the reciprocal of the P/E ratio. Earnings Yield What is 'Earnings Yield' Earnings yield are the earnings per share for the...
DefinitionEcash was conceived by David Chaum as an anonymous cryptographic electronic money or electronic cash system in 1983. It was realized through his corporation Digicash and used as micropayment system at one US bank from 1995 to 1998. eCash...
What is 'Earnings Power' Earnings power is a business' ability to generate profit from conducting its operations. It is used to analyze stocks to assess whether the underlying company is worthy of investment. A company’s earnings power...
What is 'Earnings Before Interest & Tax - EBIT' An indicator of a company's profitability, calculated as revenue minus expenses, excluding tax and interest. EBIT is also referred to as "operating earnings", "operating profit" and "profit before...
What is 'Early Withdrawal' The removal of funds from a fixed-term investment before the maturity date, or the removal of funds from a tax-deferred investment account or retirement savings account, such as an IRA or 401(k) before...
What is 'Earnings Allowance' Calculation on the net funds available in a checking account and the credit amount can be used to offset all or a portion of monthly service charges. The rate for the earnings allowance...
What is 'EBITDARM' A financial performance measure that stands for earnings before interest, taxes, depreciation, amortization, rent and management fees. EBITDARM is used in comparison to more common measures such as EBITDA when a company's rent and...
DefinitionEarnings per share is the monetary value of earnings per outstanding share of common stock for a company. Earnings Per Share - EPS Earnings Per Share or EPS is an important financial ratio. It is an important statistic as...
What is an 'ECN Broker' An ECN broker is a forex financial expert who uses electronic communications networks (ECNs) to provide its clients direct access to other participants in the currency markets. Because an ECN broker consolidates...