Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: D

DEFORMATION

Chaninging the body caused by stress. The stress in the limits of a material can offset this.

DELEGATUS NON POTEST DELEGARE

A law stating the agent with authority cannot act without the delegator permission or implied permissin. It is fundamental to administrative law.

DELTA HEDGE

The process of reducing or neutralizing the exposure of an OPTION to the direction of the market. Delta HEDGING is accomplished by establishing a DELTAequivalent LONG POSITION or SHORT POSITION in the

DEMOGRAPHIC TIME-BOMB

When a country has more older populations in it. Or when there are more people in public need than those that are not. The country must support them and it takes strain

DENSITY OF CARGO

The cubed value of cargo divided by weight. The higher the number the lower the price. It shows efficiency of frieght traffic. Refer to dimensional weight.

DEPRECIATION

1.converting the cost of an asset into an operational cost over the lifetime. 2. a decline in market value of any asset. 3. a decrease in potential of an asset over lifetime.

DESCRIPTIVE STATISTICS

Quantities that represent a property of data but do not polute the sample. Refer to inferential statistics.

DESTINATION STORE

A big retail store that combines stores. There is mass merchanise available and variety plus low prices. The customes travel to get there and shop.

DEVIL’S HORNS

When managers focus on an undesirable trait. They do not see future and current success potential.

DIFFERENTIAL

1. the difference between comparable items that act as alternates to each other. 2. an extra charge on a purchase or taken from a seller price for odd lot transactions. AKA odd

DIGITAL COUPON

Coupons that are usable online or for download that can be used in the stores on location. They are on company websites, social media outlets, texts, and email. Cell phones also offer

DIRECT CREDIT RISK

The RISK of loss due to DEFAULT by a COUNTERPARTY on a direct extension of credit, such as a LOAN or DEPOSIT. Default on an unsecured direct credit risk transaction always results

DISCRETIONARY ACCOUNT

A customer brokerage account where the client gives the BROKER authorization to act on his/her behalf in buying and selling securities. The client may limit the discretion granted through time and/or price

DOUBLING OPTION

A right granted by investors to an issuer of BONDS that allows the issuer to double the amount of the SINKING FUND provision in order to accelerate repayment and ultimate redemption.

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