What Is an Encumbrance? An encumbrance is a claim against a property by a party that is not the owner. An encumbrance can impact the transferability of the property and restrict its free use until the encumbrance is lifted. The most common types of encumbrance apply to real estate; these include mortgages, easements, and property
What Is an End Loan? An end loan is a specific type of long-term loan an individual procures to pay off a short-term construction loan or other interim financing structure. Such short-term loans are used by builders as start-up financing to launch the construction of homes or other real estate properties. Key Takeaways End loans
What Is an Endogenous Variable? An endogenous variable is a variable in a statistical model that’s changed or determined by its relationship with other variables within the model. In other words, an endogenous variable is synonymous with a dependent variable, meaning it correlates with other factors within the system being studied. Therefore, its values may
What Is an Endowment? An endowment is a donation of money or property to a nonprofit organization, which uses the resulting investment income for a specific purpose. An endowment can also refer to the total of a nonprofit institution’s investable assets, also known as its “principal” or “corpus,” which is meant to be used for
What Is the Endowment Effect? The endowment effect refers to an emotional bias that causes individuals to value an owned object higher, often irrationally, than its market value. Key Takeaways The endowment effect describes a circumstance in which an individual places a higher value on an object that they already own than the value they
What Is End-to-End? End-to-end describes a process that takes a system or service from beginning to end and delivers a complete functional solution, usually without needing to obtain anything from a third party. It often refers to vendors that can see a project through from beginning to end, and supply everything needed to create a
What is Enduring Purpose? An enduring purpose is a public statement regarding a company’s core principles, defining values, as well as its short- and long-term goals. An enduring purpose is similar in many ways to a mission statement and serves to provide a guide as to the company’s past and present direction. An enduring purpose
What Is the Energy Sector? The energy sector is a category of stocks that relate to producing or supplying energy. The energy sector or industry includes companies involved in the exploration and development of oil or gas reserves, oil and gas drilling, and refining. The energy industry also includes integrated power utility companies such as
What is Energy And Commerce Committee? The Energy and Commerce Committee, established in 1795, is the oldest standing committee within the U.S. House of Representatives overseeing a number of cabinet-level departments within the government, as well as independent agencies. Key Takeaways The Energy and Commerce Committee, established in 1795, is the oldest standing committee within
What Are Energy Derivatives? Energy derivatives are financial instruments whose underlying asset is based on energy products, including oil, natural gas, and electricity. They can either be traded on a formal exchange, such as the Chicago Mercantile Exchange (CME), or on an over-the-counter (OTC) basis. Energy derivatives are an important part of the modern financial
