E fintech glossary terms

EBITDA

Earnings Before Interest, Taxes, Depreciation, and Amortization.

ECB

European Central Bank.

Eclipse Attack

Isolating a node from the network.

ECN

Electronic Communication Network.

Economies of Scale

Cost advantages due to scale.

EDD

Enhanced Due Diligence.

Edge Computing

Computing near the source of data.

Efficient Market

Hypothesis that prices reflect all info.

EIP

Ethereum Improvement Proposal.

Elasticity

Measure of a variable's sensitivity to a change in another variable.

Embedded Finance

Integration of financial services into non-financial platforms.

Embedded Insurance

Insurance bundled with product purchase.

Embezzlement

Stealing funds you manage.

Encapsulation

Bundling data and methods.

Encryption

Encoding information.

Entanglement

Quantum correlation between particles.

Enterprise Value

Total value of a company.

Epoch

Time period in blockchain protocols.

EPS

Earnings Per Share.

Equilibrium

Where supply meets demand.

Equity

The value of an owner's interest in an asset.

Equity Token

Token representing stock in a company.

ERC-1155

Multi-token standard managing multiple token types.

ERC-20

Standard for fungible tokens on Ethereum.

ERC-721

Standard for non-fungible tokens (NFTs).

Escrow

Third party holding funds.

Escrow Account

Funds held by third party.

Estate Planning

Preparing for asset transfer after death.

ETF

Exchange Traded Fund.

Ethereum

Blockchain platform enabling smart contracts.

ETL

Extract, Transform, Load.

EVM

Ethereum Virtual Machine.

Exception

Problem occurring during execution.

Exchange

Platform for trading assets.

Exchange Rate

Value of one currency vs another.

Excise Tax

Tax on specific goods.

Exit Scam

Project shutting down and stealing funds.

Exit Strategy

Planned path for founders and investors to realize value through an acquisition, IPO, secondary sale, or buyback.

Exploit

Code taking advantage of a vulnerability.