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A B C D E F G H I J L M N O P Q R S T U V W Z
EA EB EF EN EQ ES ET EX
selected terms: 14 page 1 of 1
Easement
"The right held by one person to make use of the land held by another person for a limited interest. For example, a utility may have an easement over a piece of real property which More…
EBITDA
"Earnings before interest, tax, depreciation and amortization (profit before any interest, taxes, depreciation or amortization have been deducted)."
Effluxion
"Flowing out; e.g., an effluxion of funds. "
Encumbrances
"Those charges or the security that attaches to any kind of property. For example, if there is a mortgage on a piece of property, then the property is said to be encumbered by that More…
ENFORCEMENT
"The process available for the creditor to help in the collection of money or property owed to the creditor. For example, writ of seizure and sale of lands or personal property, More…
Equity
This refers to the excess that the value of a piece of property has over any charges or encumbrances against that piece of property.
Escrow
"The holding on to of money or a written document, such as shares or a deed, until certain conditions are met by the two contracted parties. "
Estate
"Under the Bankruptcy and Insolvency Act, the name given to the file or bankruptcy estate. "
Estoppel
"A person's own acts, statement of facts or acceptance of facts which preclude his later making claims to the contrary. "
Ethics
"Trustees in Bankruptcy are subject to the Codes of Ethics under: CAIRP, The Canadian Association of Insolvency and Restructuring Professionals; The Bankruptcy and Insolvency Act; The More…
Ex Parte
For one party only. Ex parte refers to those proceedings where one of the parties has not received notice and therefore is neither present nor represented in a court of law.
Examination For Discovery
"A legal proceeding whereby one party examines the party on the other side, usually under oath for the purpose of confirming facts and perhaps obtaining admissions from that other More…
Execution
To carry out.
Expunge
"To strike out; to obliterate, erase or mark for deletion."
Cred-O-Pedia Glossary of Credit Learning
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