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Early Withdrawal: The act of taking money from a Certificate of Deposit (CD) before the CD's maturity date.

Early Withdrawal Penalty: The penalty you pay for withdrawing money from a CD before its maturity date. For example, if you have a 5-year CD, but you withdraw the money after only two years, you may be charged a penalty. Refer to your Terms of Agreement for Early Withdrawal.

Easement: A right or interest in the real property of another; the right to use another's land for a specific purpose, as for example, a right-of-way.

Endowment: Guaranteed cash accumulation up to the original face amount to the policy. Most traditional whole life policies have an endowment feature that endows at age 95 or 100.

Employed: A term used to depict a customer is working for a company (other than their own company). Length of time and number of hours worked are not factors that determine if a customer is employed. If a customer states he or she is President or CEO for their employer it is important to note whether the customer has an ownership interest in the business. If customers have at least 50% ownership in a company, they are considered self-employed.

Encumbrance: A claim, lien, charge or liability attached to and binding upon property, such as a judgment, mortgage, lien for unpaid taxes, right-of-way.

Equity: The difference between fair market value and the current indebtedness against property.

Estate Planning: The consideration and establishment of legal agreements that plan for the smallest taxable estate possible, while ensuring the distribution of property to beneficiaries and others with minimal delay and expense.

Estate Tax: A tax imposed on the right of a person to transfer property at death. This is a federal tax, but can also be imposed as a state tax and is paid out of the estate's assets.

Estate: The degree, quantity, nature and extent of interest a person has in property.

Et Al: Abbreviation of "El Alius, " meaning "and others."

Et Ux: Abbreviation meaning "and wife."

Et Vir: Abbreviation meaning "and husband."

Evaluation: A valuation method that does not meet all the requirements of an appraisal but supports the estimate of value and includes sufficient information to fully understand the evaluator's analysis.

Execute: To validate a document. To carry out the provisions of a will or trust.

Executor: The individual appointed in a will to carry out the will's provisions. A co-executor acts as executor with another or others.