Medical / Legal Dictionary
Early Redemption Fee
This is a fee associated with the early termination of a mortgage (before the full term is complete).
EAT
Employment Appeals Tribunal. A statutory body established to deal with and adjudicate on employment disputes.
Employee
A person who has entered into or works under a contract of service;
Employer
A person, firm or other entity which pays for or hires the services of another person.
Endoscopy
Endoscopy means ‘looking inside’. An endoscope may be flexible or rigid and is the instrument that is used to look inside various parts of the body.
Endowment Mortgage
Where the borrower takes out an insurance policy designed to repay the loan either on death or at some other time in the future.
Equity
Difference between value of property and the amount of any loans secured against it.
Ex parte
An application to court without notice to the other side in the proceedings.
Exchange of Contracts
Where both buyer and vendor are legally bound to the transaction.
Exclusive Service
Employees have the right to work for another employer in their spare time provided that this does not conflict with their duties, including fidelity and confidentiality.