A contract clause overtly stating that the contract contains all aspects of agreement between an insurer and the insured. The application , endorsements, and conditions, as well as a list […]
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ENTIRE DAY
This phrase signifies an undivided day.not parts of two days. An entire day must have a legal, fixed, precise time to begin, anda fixed, precise time to end. A day, […]
ENTIRE INTEREST
The whole interest or right, without diminution. Where a person in selling his tract of landsells also his entire interest in all improvements upon public land adjacent thereto, thisvests in […]
ENTIRE TENANCY
A sole possession by one person, called “severalty,” which is contraryto several tenancy, where a joint or common possession is in one or more.
ENTIRE USE
benefit, etc. These words in the habendum of a trust-deed for the benefit of amarried woman are equivalent to the words “sole use,” or “sole and separate use,” andconsequently her […]
ENTIRETY
The whole, in contradistinction to, a moiety or part only. When land isconveyed to husband and wife, they do not take by moieties, but both are seised of theentirety. 2 […]
ENTITLE
In its usual sense, to entitle is to give a right or title. Therefore a person issaid to be entitled to property when he has a right to it. Com. […]
ENTITLEMENT
In general, that which is entitled. 1. Old age pension, social security , unemployment stipend stating a distribution or privilege or right to an economic benefit. Typically granted by contract […]
ENTITLEMENT OFFER
Non- transferable offer; an offer to one person that cannot be given to another person to use.
ENTITY
Legally, equal to a person who might owe taxes. A generic term inclusive of person, partnership , organization , or business. An entity can be legally bound. An entity is […]
ENTITY AGREEMENT
Usually used with a partnership . A buy-sell arrangement . If a partner becomes disabled or die, the other parties of the partnership promise to buy that partner’s interests.
ENTITY CONCEPT
Basic accounting principle. A business is identified as a unique entity. This business entity is dealt with separately from its stockholders and shareholders, managers, or proprietor. Known also as entity […]
ENTITY LEVEL CONTROLS
A method of determining the ability or likelihood of a company to engage in or avoid corporate fraud. Based on the documented values of a company. Includes analysis of company […]
ENTITY THEORY
Belief-based-practice that a company, being a unique entity, conducts distinct activities for its business. These activities are in contrast to the activities of its owners, or stakeholders , or stockholders […]
ENTRANCE FEE
Monies required to gain access into an event, program, or structure. Example: paying money to see a movie at the theatre.
ENTRAPMENT
the act of public officers where they lure a suspected criminal into doing a criminal act .
ENTREATY
the word that means to supplicate or to beg and plead in earnest.
ENTREBAT
L. Fr. An intruder or interloper. Britt. c. 114.
ENTREGA
Span. Deliverv. Las Par- tidas, pt. 0, tit. 14, 1. 1.
ENTREP
A commercial trading center where goods are imported from several sources and then reexported to various destinations. Although the entrep
ENTREPOT
A warehouse or magazine for the deposit of goods. In France, a buildingor place where goods from abroad may be deposited, and from whence they may bewithdrawn for exportation to […]
ENTREPRENEUR
A business adventurer; a business explorer. Takes advantage of an opportunity , real or perceived. As the decision maker, decides what, how, and how much of a good or service […]
ENTREPRENEURIAL MODE
Early stage in a firm’s development . Typical situations are where one or more founders make most or all day-to-day and strategic decisions. Few established process or standards or documents. […]
ENTREPRENEURIAL ORGANIZATION
Organized business-owner group, meeting regularly, sharing information , and experiences, as well as tools for improving businesses.
ENTREPRENEURIAL PROFIT
Entrepreneurship expenses exceeded by income received.