Glossary

Earnings	Net income for the company during a period.
Earnings Announcements	The results of a company's operations for a given time period, usually released annually in Jordan.
Earnings per Share (EPS)	Calculated by dividing after-tax net income by the total number of shares outstanding. Shows the portion of a company's profit allocated to each outstanding share of common stock.
Eating Stock	When an underwriter can't find buyers for a stock and therefore has to buy them for his own account.
Efficient Market	Market in which prices correctly reflect all relevant information.
Efficient Portfolio	A portfolio that provides the greatest expected return for a given level of risk (i.e., standard deviation), or, equivalently, the lowest risk for a given expected return.
Electronic Trading	Trading which is conducted via electronically linked computers to the exchange, enabling brokers to carry out transactions in locations other than the ASE.
Emerging Markets	The financial markets of developing economies.
Equilibrium Price	Market price at which quantity supplied of a security equals quantity demanded of the same security.
Equity	Ownership interest in a corporation.
Equityholders	Stockholders; those holding shares of the firm's equity.
Eurodollars	U.S. dollars on deposit with a bank outside of the United States.
Exchange	A marketplace in which shares, options and futures on stocks, bonds, commodities, and indexes are traded.
Executed Order	A completed buy or sell transaction.
Execution	The act of carrying out a trade.
Exempted Transfers	It includes: • Transfer of the ownership of non- traded securities including: 1. Inheritance Transfers which includes the transfer of securities from a deceased’s Account to the Accounts of his lawful inheritors. 2. Family transfers that occur between ascendants and descendants and between spouses. 3. Transfers for the purpose of dividing the joint ownership of securities. 4. Donating securities to religious, charitable or social associations. 5. Waqf of securities whether charitable or descendentiary. 6. Securities contained in wills. 7. Transfers that occur in accordance with the Law of the Government’s Acquisition of Monies that Reach Limitation. 8. Transfers in accordance with decisions of courts and execution departments. 9.Transfers of Founders' Shares. • Transactions excluded from trading through the market including: 1. Transfer of securities suspended from listing. 2. Transfer of securities suspended from trading. 3. Transfer of non- listed and non-traded securities through the Market.