Equity
The value of a company’s assets minus its liabilities, also known as net assets or shareholders’ equity.
Other Terms Beginning With “E”
EBITDA
Earnings Before Interest, Taxes, Depreciation, and Amortization. This metric is used to evaluate a company’s profitability and operating performance.
Employer Identification Number (EIN)
This is a nine-digit number assigned to a business by the IRS. It is used to identify tax paying entities and their business tax returns.
Equipment Financing
A type of business loan designed specifically to pruchase machinery and equipment involved in business operations.