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Employee Retirement Income Security Act of 1974 (ERISA)

Definitions

Legislation passed in 1974 and administered by the Department of Labor that controls the investment activities primarily of corporate and union pension plans.

Encumbrance

Definitions

Any limitation that affects property rights and value.

Endowment

Definitions

An organization that is created through donations and gifts, e.g a university endowment.  Generally designed to preserve the donated principal while using investment income fo ...

Enterprise Zone

Definitions

A designated area within a depressed, usually inner-city, area in which firms are given favorable tax treatment and freedom from a number of planning constraints.

Entitlement

Definitions

A legal right conveyed by an approval from a governmental entity to develop a property for a certain use, intensity, building type or building placement.

Entitlement Risk

Definitions

The risk that the various government agencies with jurisdiction over a construction project will not issue the required approvals necessary to proceed with the development.

Entity Investing

Definitions

An investment in an entity, such as a company or partnership, that controls an investment rather than directly in the underlying assets.

Environmental Assessment

Definitions

A report showing the results of investigation into environmental contamination; report is often required by the Environmental Protection Agency (EPA) and other regulatory agencies ...

Environmental Indemnity Agreement

Definitions

An agreement under which a borrower (and often a guarantor) contracts to indemnify, defend and hold another person (typically the lender) harmless from any liability arising out of ...

Environmental Protection Agency (EPA)

Definitions

An agency of the US government established in December 1970 and created to promote and protect human and environmental health by creating standards and laws that support this missi ...

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