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Investing Terms "E"A B C D E F G H I J-L M N O P Q-R S T U V W-Z Early withdrawal penalty - penalty paid by the holder of a fixed-term investment who withdraws money before the agreed-upon maturity date. Elliott Wave Theory - theory holds that market movements occur in five waves in a given direction followed by a correction of three waves in the opposite direction. Emergency Fund - cash kept available to meet the costs of any unexpected financial emergencies. Emerging Markets - markets in countries that are still developing their industrial base. Employee Stock Fund - a firm-sponsored program that enables employees to purchase shares of the firm's common stock on a preferential basis. Exchange - a marketplace in which securities are traded.
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