Glossary

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Euro Zone

Economy Term

The Eurozone is a monetary union comprising 19 out of the 28 European Union member states that have adopted the euro as their official currency. The countries in the Eurozone share a common monetary policy and interest rates set by the European Central Bank (ECB), which manages the euro currency. The Eurozone was established on , when the euro currency was introduced.

The Eurozone is the second-largest economy in the world, after the United States. It is also a key player in world trade, accounting for around 16% of global exports. The Eurozone is home to many of the largest multinational corporations, including Volkswagen, Siemens, Airbus, and Nestl'.

The Eurozone has a highly developed and diversified economy, with a strong industrial base. The key industries include automotive, aerospace, pharmaceuticals, and information technology. The Eurozone*s largest economies are Germany, France, and Italy, which together account for over two-thirds of the Eurozone*s GDP.

The Eurozone has faced a number of economic challenges since its creation, including high levels of sovereign debt, sluggish growth, and high unemployment. In response, the Eurozone has implemented a range of economic policies, including fiscal austerity, monetary stimulus, and structural reforms.

The Eurozone remains a key force in the global economy, and its economic resilience will determine its future success. As the Eurozone continues to evolve, analysts and economists will continue to closely monitor its economic performance and impact on the global economy.

More Glossary Terms Beginning with E

E-Commerce
The sale of goods and services where the buyer places an order, or the price and terms of the sale are negotiated over an Electronic Data Interchange, the Internet, or any other online system (extranet, e-mail, instant messaging). Payment may or may not be made online.

Economy Term Letter: E
Earned Premiums or Premiums Earned
That portion of property casualty premiums written that applies to the expired portion of the policy term. Earned premiums are recognized as revenues under both Statutory Accounting Practices (SAP) and GAAP.

Insurance Term Letter: E
Earnings per Share basic
The companys earnings divided by the average number of shares outstanding for the period. Statement of Income

Financial Term Letter: E
Earnings per Share diluted
The companys earnings divided by the average number of shares outstanding for the period, giving effect to assumed dilution from outstanding stock options and restricted stock units. Earnings per Share

Financial Term Letter: E
Earnings per Share EPS Growth Rates
The percentage of EPS change within a specific period (Y/Y year on year; Seq sequential, from proceeding period; TTM trailing twelve months).

Fundamental Analysis Letter: E
Effective Tax Rate
Provision for income taxes as a percentage of earnings from continuing operations before income taxes and accounting changes. Does not represent cash paid for income taxes in the current accounting period. Also referred to as "actual tax rate" or "tax rate."

Financial Term Letter: E
EITF
Emerging Issues Task Force

Financial Term Letter: E
Electro Optic Materials
Electro-optic materials are materials that are engineered at the molecular level. Molecular level engineering is commonly referred to as "nanotechnology."

Manufacturing Term Letter: E
Electrolysis
A process of separating bonded elements and compounds by passing an electric current through them.

Manufacturing Term Letter: E
Electrolytic Plant
A plant that processes purifying metal ingots that are suspended as anodes in an electrolytic bath, alternated with refined sheets of the same metal which act as starters or cathodes.

Manufacturing Term Letter: E
Eligible Bank
A bank selected by Seller and approved by Buyer in writing and authorized to conduct trust and other banking business in any state in which Seller conducts operations.

Financial Term Letter: E
Eligible Swap Counterparty
means an entity, which may be an affiliate of a remarketing agent, engaged in the business of entering into derivative instrument contracts that satisfies the Rating Agency Condition.

Financial Term Letter: E

More in this Category

Advance monthly sales
The U.S. Census Bureau conducts the Advance Monthly Retail Trade and Food Services Survey (MARTS) to provide an early estimate of monthly sales by kind of business for retail and food service firms located in the United States. Each month, questionnaires are mailed to a probability sample of approximately 5,000 employer firms selected from the larger Monthly Retail Trade Survey (MRTS). Firms respo

Economy Term
Affiliate
means with respect to any entity, an entity that is controlled by a other company although the other company owns less than a majority of the other entity.

Economy Term
Agents and Brokers
Persons or organizations that act as a representative for others in negotiating contracts, purchases, or sales. Agents and brokers typically earn a commission or fee for their services and do not take possession of, or title to, any goods.

Economy Term
ARPU
Average revenue per user

Economy Term
Balance of payments
Record of transactions between U.S. residents and foreign residents during a given time period. Includes transactions in goods, services, income, assets, and liabilities. It is broken down into the current accounts (international), capital accounts (international), and financial accounts (international).

Economy Term
Balance on current account
Current receipts from the rest of the world less current payments to the rest of the world, formerly called "net foreign investment." Current receipts equal exports of goods and services plus income receipts from the rest of the world; current payments are the sum of imports of goods and services, income payments to the rest of the world, and current taxes and transfer payments to the rest of the

Economy Term
Balance on goods and services
Record of the difference between exports of goods and services and imports of goods and services. In the broad sense, this balance is conceptually equal to net exports of goods and services, which is a component of gross domestic product (GDP).

Economy Term
Bonded Warehouses Manufacturing
Warehouses that are authorized by the United States Customs for storage or manufacturing of goods on which payment of duties is deferred until the goods are removed into Customs Territory. These goods are not subject to duties if reshipped to foreign points.

Economy Term
Brokers
Persons or organizations that act as a representative for others in negotiating contracts, purchases, or sales. Agents and brokers typically earn a commission or fee for their services and do not take possession of, or title to, any goods.

Economy Term
Business sector
All corporate and noncorporate private entities organized for profit and certain other entities that are treated as businesses in the national income and product accounts (NIPAs), including mutual financial institutions, private noninsured pension funds, cooperatives, nonprofit organizations that primarily serve businesses, Federal Reserve banks, federally sponsored credit agencies, and government

Economy Term
CE-marked
A compliance symbol indicating that a product meets the requirements of the European Union (EU) directives that apply to that product. CE stands for Conformit?e Europ?enne, which means European Conformity.

Economy Term
CFTC Commodity Futures Trading Commission
Commodity Futures Trading Commission, an independent agency with the mandate to regulate commodity futures and option markets in the United States.

Economy Term