Electronic Transfer
The digital transfer of funds between accounts, enhancing the efficiency and speed of financial transactions.
Exchange Rate
The price at which one currency can be traded for another, serving as a fundamental component of international commerce.
Exchange Rate Margin
The difference between the buying and selling rates of a currency, reflecting the profit margin of currency exchange service providers.
Economic Injury Disaster Loan
The Small Business Administration (SBA) provides low-interest loans to companies affected by disasters.
Economic Order Quantity Technique
A formula used to determine the optimal order quantity for inventory management.
Employer Identification Number
A unique nine-digit number the IRS assigns to identify companies for tax purposes.
Estate Tax
A tax imposed on the transfer of a deceased person's estate to their heirs or beneficiaries.
Expense Tracking
The process of recording and monitoring business expenses for financial management and tax purposes.
Expenses In Accounting
The costs incurred by a business in its day-to-day operations, recorded on the income statement.
