Glossary - E

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Early Adopter
A customer who begins to use a product early in the product lifecycle. (Wikipedia article on Early Adopter, Wikipedia article on Diffusion)
Early Majority
The body of customers who begin to use a product once it has been proven by the Early Adopters. (Wikipedia article on Diffusion)
Earnings
See Profit.
Earnings Before Interest and Taxes (EBIT)
The profit made by a business before considering interest and taxes. (Wikipedia article on Earnings Before Interest and Taxes)
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
The profit made by a business before considering interest, taxes, depreciation and amortization. (Wikipedia article on Earnings Before Interest, Taxes, Depreciation and Amortization)
Economy of Scale
A cost advantage resulting from expanded production. (Wikipedia article on Economy of Scale)
Effective Demand
The aggregate demand for a product or services taking into account the purchasing power of its market. (Wikipedia article on Effective Demand)
Effective Tax Rate
The actual rate of tax payed by a business, taking into account offsets and payments. (Wikipedia article on Effective Tax Rate)
Equity
See Stock.
Equity Financing
The sale of stock in order to raise finance. (Wikipedia article on Ownership Equity, Article on the Business Owners Toolkit site)
Expense
An outflow of money. (Wikipedia article on Expense)
Experience Curve
A curve explaining the relationship between experience and efficiency. (Wikipedia article on Experience Curve)

Glossary Index

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

The glossary is here to give you concise definitions of the terms used on the site. Where possible a link to a longer article on Wikipedia is included to give you more information.

If you find there's a term missing, please edit the page and add it.

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