how about :Executive Rights----- don't know for sure. Pure guess!In what content is it used on the check???
i think it sounds like "excess royalty" . i don't know of a situation where this would be applicable, but it must exist. i saw the term on my statement from xto.
ER means Exempt Royalty, this a code that is now being used to flag royalty owners that are set up to be cost free. My company has also started using this code as it helps accounting in their verification processes. I would imagine within the next few months most of the companies will be doing this considering the problems many of us have had with differentiating the cost free owners prior to payment.