E Fifth letter of a Nasdaq stock symbol specifying that an issue has not met the reporting date for the company's SEC regulatory filing requirements. EAFE index See: European Australian and Far East index EASD See: European Association of Securities Dealers EBIAT See: Earnings Before Interest after Taxes EBIT See: Earnings Before Interest and Taxes EBITD See: Earnings Before Interest, Taxes and Depreciation EBITDA See: Earnings Before Interest, Taxes, Depreciation, and Amortization EBRD See: European Bank for Reconstruction and Development EBT See: Earnings Before Taxes EC The two-character ISO 3166 country code for ECUADOR. ECA See: Export Credit Agency EDC See: Export Development Corp. ECGD See: Export Credit Guarantee Department ECN Electronic Communications Network. Defined under Rule 11Ac1- 1(a)(8) under the U.S. Securities Exchange Act of 1934. ECS The ISO 4217 currency code for the Ecuadorian Sucre. EDGAR Electronic Data Gathering, Analysis and Retrieval System The system through which companies electronically file reports and registration statements with the SEC. This requires converting the paper or word-processing document to be filed into a universal ASCII format, a process known as EDGAR-izing the document. The filings can then be accessed by the public through the SEC's Web site on the Internet. EEK The ISO 4217 currency code for the Estonian Kroon. EFIC See: Export Finance Insurance Corp. EFTPOS Acronynm for Electronic Funds Transfer at Point of Sale. Payment is transferred usually from a checking account at the point of sale. EG The two-character ISO 3166 country code for EGYPT. EGP The ISO 4217 currency code for the Egyptian Pound. ECU See: European Currency Unit EDI See: Electronic Data Interchange EE The two-character ISO 3166 country code for ESTONIA. EH The two-character ISO 3166 country code for WESTERN SAHARA. EM See: Effective margin EMS See: European Monetary System EOE See: European Options Exchange EOQ See: Economic Order Quantity ER The two-character ISO 3166 country code for ERITREA. ERM See: Exchange Rate Mechanism ES The two-character ISO 3166 country code for SPAIN. ESOP See: Employee Stock Ownership Plan ESP The ISO 4217 currency code for the Spanish Peseta. ET The two-character ISO 3166 country code for ETHIOPIA. ETB The ISO 4217 currency code for the Ethiopian Birr. ETF See Exchange Traded Fund. EU See: European Union EUR The ISO 4217 currency code for Euro. EUREX The European derivatives exchange formed in 1998 by a merger of the Deutsche Terminborse (DTB) and the Swiss Options and Financial Futures Exchange (SOFFEX). EXDEC See: Shipper's Export Declaration. Each way A broker'scommission from his or her involvement on both the purchase and the sale side of a security. Early distribution See: Premature distribution Early Exercise (assignment) The exercise or assignment of an option contract before its expiration date. Early withdrawal See: Premature distribution Early withdrawal penalty Penalty paid by the holder of a fixed-term investment penalizing an investor who withdraws money before the agreed-upon maturity date. Earn-out Refers to an additional payment in a merger or acquisition that is not part of the original acquisition cost, which is based on the acquiredcompany's future earnings relative to a level determined by