Glossary of terms by letter
E
Exclusion Clause
Clause in a contract which is intended to exclude one party from liability if a stated circumstance happens
Execution
Seizure of debtors goods following non payment of a Court order
Executor
An executor (or executrix in the case of a female) is the person (or people) who have been appointed in a will to deal with the testator's affairs after their death
Exemption Clause
Clause in a contract that attempts to restrict the liability of the party that writes it
Exhibit
Item or document referred to in an affidavit or used as evidence during a Court trial or hearing
Expedtion Fee
A fee which can be paid to the Land Registration to speed up registration of a property
Expert Witness
Person employed to give evidence on a subject in which they are qualified or have expertise
Express Terms
Terms and provisions of a contract that are expressly written and on which the parties specifically agree
Extradodinary General Meeting
Any meeting of shareholders which is not an AGM
Extradodinary Resolution
Company resolution that usually does not require any notice of its proposal, but must be passed by a majority of at least three quarters of votes