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E

Embezzlement - Taking of money or property by someone who has been entrusted with taking care of it.

Endorse - To sign giving agreement to something or to the back of a negotiable instrument making it payable. To give approval, support or sanction to something.

Endorsement - The act of endorsing something or the signature itself.

Equity - Ownership interest in property over and above what is owed on it. Also, being treated fairly in a certain situation.

Equity of Redemption - The right of the debtor to redeem the collateral after it has been forfeited or repossessed due to a default in the contract. The redemption is on the condition of paying the full amount of the debt, interest and costs.

Escrow - Something promised to be delivered by one person to another, is held by a third party until some condition or obligation is performed. Once the requirement is met, delivery is completed.

Estate - The property left by a person who has died. Also, the right of a living person to certain property.

Ethics - Standards of fair and honest conduct.

Evidence - Any documentation, objects or testimony presented during a legal proceeding.

Execute - To sign a document. Also, to complete performance.

Executor - Someone chosen by a person who is making out a will, appointing that person as responsible for carrying out its terms.

Executory - Something unfinished or not yet fully performed.

Extension - Allowing extra time for the payment of a debt or the term of a contract or lease.

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