Elective-Deferral Contribution: What It Is, How It Works, Limits
An elective‑deferral contribution (also called a salary‑deferral or salary‑reduction contribution) is the portion of an employee’s pay that the employee chooses to have withheld…
Elasticity in Finance; How Does It Work (With Example)?
Key takeaways – Elasticity measures how responsive one variable (usually quantity demanded or supplied) is to changes in another variable (usually price or income).…
Elasticity: What It Means in Economics, Formula, and Examples
Elasticity is an economics concept that measures how much one variable responds to changes in another. Most commonly, economists and businesspeople use it to…
Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA)
The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) is a major U.S. federal tax law signed by President George W. Bush…
Extraordinary General Meeting (EGM): Definition, Examples, and AGM
Introduction An Extraordinary General Meeting (EGM) is a shareholder meeting called to address urgent or specific matters that cannot wait until the company’s next…
Egalitarianism: Definition, Ideas, and Types
Egalitarianism is a philosophical and political outlook that emphasizes human equality — that people should be treated equally and have equal access to rights,…
Electronic Federal Tax Payment System (EFTPS) Overview
EFTPS is a U.S. Department of the Treasury service that lets individuals and businesses pay federal taxes electronically by phone or online. It supports…
Electronic Filing (E-File) Definition, Options, and Advantages
Electronic filing (e‑file) is the process of submitting tax returns to the IRS (and many state tax agencies) electronically rather than by mailing paper…
Efficient Market Hypothesis (EMH): Definition and Critique
Key takeaways – The Efficient Market Hypothesis (EMH) holds that asset prices reflect all available information, so consistently earning risk‑adjusted “alpha” is extremely difficult.…
Efficient Frontier: What It Is and How Investors Use It
The efficient frontier is a central concept in modern portfolio theory (MPT). It is the set of portfolios that, for any given level of…