Full-Time Equivalent (FTE): A value assigned to signify the number of full-time employees that could have been employed if the reported number of hours worked by part-time employees had been worked by full-time employees instead.

 

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Full-Time Equivalent (FTE): A value assigned to signify the number of full-time employees that could have been employed if the reported number of hours worked by part-time employees had been worked by full-time employe . . . View Full Definition

Equivalent Focal Length: Distance in a lens between the front nodal point and the focal plane when the lens is set to focus a subject at infinity. In a telephoto lens the equivalent focal length is shorter than the . . . View Full Definition

Equivalent Loan: Annual yield on a short-term, noninterest-bearing security calculated for comparison to yields quoted on coupon securities.

Equivalent Bond Yield: The cost per year of owning an asset over its entire life.

Equivalent Annual Cost: Annuity with the same net present value as the company's proposed investment.

Equivalent Annual Benefit: The amount per year for some number of years that has a present value equal to a given amount.

Equivalent Annual Cash Flow: The annual annuity with the same value as the net present value of an investment project.

Equivalent Position: According to section 825.215 of the FMLA regulations, an equivalent position is one that is virtually identical to the employee's former position in terms of pay, benefits and working condit . . . View Full Definition

Fixed Income Equivalent: A country's decision to tie the value of its currency to another country's currency, gold (or another commodity), or a basket of currencies.

Producer Subsidy Equivalent (PSE): A measure of the value of monetary transfers to agricultural producers resulting from agricultural policies in a given year. It includes both transfers from consumers of agricultural product . . . View Full Definition