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EASEMENT  
A right or privilege that a person may have on another's land, as the right of a way or ingress or egress. 

 

EMPLOYEE ASSISTANCE PROGRAM (EAP) COORDINATOR 
Coordinates the activities of Central Office or regional counselors, maintains a community resource list of available professional assistance to troubled employees, and a current roster of EAP counselors for the area of his/her jurisdiction. 

 

EAP COUNSELOR 
Conducts confidential consultations with troubled employees who so request, who are referred for objective analysis of a personal problem, and for identification of the best available assistance and/or professional services needed to resolve the employee's problem. 

 

ENTERPRISE  
Aggregation of all establishments owned by a parent company. An enterprise can consist of a single, independent establishment or it can include subsidiaries or other branch establishments under the same ownership and control. 

 

ENTREPRENEUR  
One who assumes the financial risk of the initiation, operation, and management of a given business or undertaking. 

 

EQUITY 
An ownership interest in a business. 

 

EQUITY FINANCING 
The provision of funds for capital or operating expenses in exchange for capital stock, stock purchase warrants, and options in the business financed without any guaranteed return, but with the opportunity to share in the company's profits. Equity financing includes long-term subordinated securities containing stock options and/or warrants. Utilized in SBIC financing activities. 

 

EQUITY PARTNERSHIP 
A limited partnership arrangement for providing startup and seed capital to businesses. 

 

ESCROW ACCOUNTS 
Funds placed in trust with a third party by a borrower for a specific purpose and to be delivered to the borrower only upon the fulfillment of certain conditions. 

 

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