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Financial Glossary

-E-

EasingA modest decline in interest rates or prices
Economic IndicatorA statistic released by a government body that indicates current economic trends such as growth rate, retail sales, employment, and so on
EurocurrencyCurrency deposited by companies and federal governments in banks outside their own country, usually currency of a non-European country deposited in Europe
EurodollarsDeposits denominated in U.S. Dollars at banks outside the United States
European OptionAn option that can be exercised only on its expiration date rather than before that date
European UnionThe group of countries formally known as the European Community
Exchange ControlA system of controlling inflows and outflows of foreign exchange
Exercise NoticeThe formal notification that the holder of a call (or put) option wishes to buy (or sell) the underlying security at the exercise price
Exercise PriceThe price at which an options holder can buy or sell the underlying instrument
Exercise ValueThe profit amount between the strike price and the underlying investment when the option is exercised
ExoticA less broadly traded currency or option
Expiration DateThe last date after which the option can no longer be exercised
Expiration MonthThe month in which an option expires
Expiry DateThe last date on which an option can be bought or sold
ExposureThe condition of being subjected to a source of risk
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