Financial Dictionary

This dictionary contains:
24549
financial terms

Erosion




Erosion

A negative impact on one or more of a firm's existing assets.



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Equivalent annual cash flow
Annuity with the same net present value as the company's proposed investment.

Equivalent annual cost
The cost per year of owning an asset over its entire life.

Equivalent bond yield
Effective annual yield on a short-term, noninterest-bearing security calculated for comparison to yields quoted on coupon securities.

Equivalent loan
Given the after-tax stream associated with a lease, the maximum amount of conventional debt that the same period-by-period after-tax debt service stream is capable of supporting.

Equivalent taxable yield
The yield that must be offered on a taxable bond issue to give the same after-tax yield as a tax-exempt issue.

Erosion

Escalator clause
Provision in a contract allowing cost increases to be passed on.

Escheat
Reversion of monies or securities to the state in which the security holder was last known to reside, when no claim by the security holder has been made after a certain period of time fixed by state law.

Escheat Period
The period of elapsed time required by applicable state law for property to be presumed abandoned.

Escheatment
The process of turning over unclaimed or abandoned property to a state authority.

Escrow
Property or money held by a third party until the agreed upon obligations of a contract are met.

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This dictionary contains 24549 terms.







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