A rule in the terms of an offer for a start up venture. It has a date it must be accepted by or the offer is null and void . […]
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EXPLODING THE BILL OF MATERIALS
When materials used to make something are broked down to each component. Once used its off a materials list.
EXPLORATION
In mining law. The examination and investigation of land supposedto contain valuable minerals, by drilling, boring, sinking shafts, driving tunnels, andother means, for the purpose of discovering the presence of […]
EXPLORATION COST
An expense that occurs when a mineral depost needs to be found. It doesn’t cover the set up cost of a mine to get the mineral.
EXPLORATOR
A scout, huntsman, or chaser.
EXPLORATORY RESEARCH
When a research investigates a problem. It gives details where little information is available. Many methods are used to do this.
EXPLORATORY WELL
A hole drilled to show how much gass or oil is present in an unproven location.
EXPLOSION
A sudden and rapid combustion, causing violent expansion of the air,and accompanied by a report. The word “explosion” is variously used in ordinary speech, and is not one that admits […]
EXPLOSION COLLAPSE AND UNDERGROUND DAMAGE (XCU)
A term for the hazards applied to certain work.
EXPLOSION INSURANCE
Insurance for property loss due to explosion. It doesn’t cover boilers or pressurized instruments.
EXPLOSION PROOF
An electrical apparatus that is made to hold explosions made in them without damaging the surroundings. It can also have nonspark tools as well.
EXPLOSIVE
A material that causes sudden gas release that makes a noise when shock is introduced.
EXPLOSIVE LIMITS
The concentration levels of a flammable vapors in a comustible material where an explosion will happen if it ignites. It cannot happen witt low or too high concentration.
EXPONENTIAL GROWTH
Increasing number or size at a constant rate. It is a possible result of the reinforcing feedback loop. It causes population or system growth.
EXPONENTIAL MOVING AVERAGE (EMA)
The moving average for the prices of a security or index over a certain period of time. It focuses on recent data to predict the current trend. A 12-26 day […]
EXPONENTIAL SMOOTHING
Finding changes in data but ignoring fluctuations that have no influence. Older data is given less considerations while newer is more important. AKA averaging.
EXPORT
v. To send, take, or carry an article of trade or commerce out of the country.To transport merchandise from one country to another In the course of trade. Tocarry out […]
EXPORT CONTINGENCY INSURANCE
Additional insurance for marine transport of goods. The cargo is the importer’s responsibility . It is active when the importer doesn’t arrange insurance or has insufficient insurance.
EXPORT CREDIT
A place that lends to an exporter in their exporter’s country.
EXPORT CREDIT GUARANTEE
Insurance to cover an exporter from nonpayment by the importer. It has an ad valorem fee that considers credit worthiness of the importer.
EXPORT DECLARATION
A form for customs the exporter done at the port to describe the exports and be a control document. An export license or certificate of origin is needed as well.
EXPORT IMPORT BANK (EXIM BANK)
An agenc that gives insurance against losses for nonpayment . It promotes foreign trade . They may also offer marine insurance , post shipment discounts, pre shipment advances, and locating […]
EXPORT INCENTIVES
An allowance for domestic companies to export.
EXPORT LICENSE
A document the government agency needs for export of technologies, prohibited material, dangerous material, stragetic material, or goods that are in short supply .
EXPORT MANAGEMENT COMPANY
A company that is a sales agent to distribute for exporters. It is for international business.