Earnest Money - Money paid in good faith as a deposit, usually for a property, to show that the buyer is serious about doing business with the vendor.Earn-Out - An arrangement in which an extra future conditional payment is made to the seller of a business in addition to the original price, based upon certain criteria being met.Easterlin Paradox - A theory that beyond satisfaction of basic needs, increasing wealth of a country does not produce increasing happiness, suggested by US professor of economics Richard Easterlin based on his research published in 1974. Easy Monetary Policy - A policy which enables the public to borrow money easily, at low interest rates, in order to expand the economy by investing the money in business activities.E-Business - Electronic Business. Using the internet to conduct business or enable businesses to link together.E-Commerce - Electronic Commerce. The buying and selling of products and services over the Internet.Econometrics - Using mathematics and statistics to study the economy.Economic Growth - An increase in a region's or nation's production of goods and services.Economic Life - The period of time during which an asset, e.g. property, vehicle, machinery, etc., is expected to be usable, including repairs and maintenance, before a replacement is required.Economic Union - Also known as a Common Market. An agreement between a group of countries which allows the free flow of goods, services, labour, etc., between the member countries and usually has a common currency. Economies Of Scale - In manufacturing, the more units being made the cheaper each unit costs to produce.Economy - The management of money, currency and trade of a nation. The efficient management of resources.Ecotourism - Nature based travel to unspoilt places in the world with a view to conservation and to bring economic benefit to the local people. Also known as Ecological Tourism.E-Currency - Electronic currency. Used on the Internet for making and receiving payments. Companies which provide this service include Paypal and E-Gold.Edutainment - Products or media which both educate and entertain at the same time, such as TV, books, computer software.E-Enabled - Being able to communicate and/or conduct business using the internet.Egalitarian - Believing that everyone is equal and should all have the same rights and opportunities in life.E-Lance - Freelance working using the Internet to sell services or goods anywhere in the world.Elasticity Of Demand - The measure of whether people require more or less of a product or service after a price change.Electronic Cottage - A home which has the necessary electronic equipment, such as telephone, computer, etc., from which to run a business.Electronic Data Exchange - A means of exchanging documents between businesses using electronic equipment such as computers.Electronic Purse - A type of microchipped smartcard which stores small amounts of money to enable payment for purchases, especially on the Internet, instead of having to use cash.Embezzlement - Dishonestly appropriate goods or money from one's employer for personal gain; steal from one's employer, typically by electronic administrative methods, thus abusing a position of trust or responsibility.Emolument - Total wages, benefits or compensation paid to someone for the