Glossary - E

Earnings per share (EPS) is a company's net income subtracted by preferred dividends and then divided by the number of common shares it has outstanding.

Equity represents the value that would be returned to a company’s shareholders if all of the assets were liquidated and all of the company's debts were paid off.

The date on or after which the buyer of a security is not entitled to the dividend already declared.

The expense ratio is a measure of mutual fund operating costs relative to assets.Investors pay attention to the expense ratio to determine if a fund is an appropriate investment for them after fees are considered.

An Equity Fund is a Mutual Fund Scheme that invests predominantly in shares/stocks of companies.