The Law Dictionary

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

Category: D

DETERMINISTIC METHODS

Equations that use the idea of future behaviors are predictable based on data. They ignore disturbances and shocks that can alter data.

DIFFERENTIATION STRATEGY

When a firm finds a niche and targets it. It is done where advantage is had and the expense is coverable. Refer to segmentation strategies.

DIGITAL CERTIFICATE (DC)

When an email has an attachment or data from a webpage. It certifies that the sender is the one who claims to have sent it. It is a long string of binary

DIGITAL RIGHTS

The copyright for digital content used online or over computerized networks. See, e.g., How to Get a Copyright: A Step-By-Step Guide

DIRTY STOCK

Transferred COMMON STOCK that fails to convey good title to the new buyer as a result of errors or omissions in form or authorization.

DIVIDEND DISCOUNT MODEL

A quantitative measure used to estimate the fair value of a COMMON STOCK based on the discounted value of projected future DIVIDENDS. The price of a firm

DRAG ALONG RIGHTS

Legal rights that allow majority shareholders of a company to force MINORITY INTERESTS to sell their shares in the event of a TAKEOVER bid; this is necessary in situations where the acquiring

DAMAGE CLAIM

When an insurer or guilty party claims compensation for loss.

DATA BANK

A collection of data on a subject or saved for a purpose. A diary or file is data bank.

DATA ENTITY

An event that the database is kept to study or record.

DATA MODEL

Representing real world events about data that is collected in a database. It shows flow and inter relations among elements.

DATA STREAM

The flow of a long data sequence like an audio file. Refer to streaming media.

DATAGRAM

A packet of data with a source or destination information that is needed for routing. It travels from source to the destination on a packet switched network. This is done independent of

DAVIS-BACON ACT

A federal law started that to create minimum wage on public work projects. It is in the contract paying local wages and benefits based on similar projects. It was started by James

DE SON TORT TRUSTEE

A party not involved in a trust but takes on the acts of the acts of the trustee. They are a constructive trusee and are responsible for what they do. It is

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