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

Category: D

DIFFERENTIATED MARKETING

When several niches are targeted with different products. Refer to concentrated marketing and undifferentiated marketing.

DIGITAL ACTOR

Animated graphics used to resemble humans or cartoons. The visitor of a website picks it to represent themselves in the site. A future possibility of this will be salepeople that sell to

DIGITAL MICROWAVE

A digital radio transmission whose bandwidth is 33-38 GHz and can go up to 7 miles.

DIRTY PRICE

The price of a BOND inclusive of ACCRUED INTEREST. Most SECONDARY MARKET bond transactions are based on dirty prices. See also CLEAN PRICE, INVOICE PRICE.

DOUBLE BOTTOM

A TECHNICAL ANALYSIS charting formation that depicts two SUPPORT LEVELS followed by a BREAKOUT. The multiple rebounds are indicative of support and possible strength on the upside. Also known as a W

DUAL BOARD SYSTEM

A corporate system where two separate BOARDS OF DIRECTORS are used to monitor and guide a company. Under a typical dual structure the SUPERVISORY BOARD is responsible for strategy and oversight/supervision of

D RATIO

The losses less than $2000 that are added to discounted value of a larger loss. It compares total loss in a certain business. It is used in workers compenstation ratings.

DATE OF SUBSTANTIAL COMPLETION

The date when a project is to be complete to be used for its intended purpose. The contract lists the requirements for this date.

DAY-END CLOSING

The way an accountant makes sure that day’s business is recorded in the correct day. It is a part of operations. Refer to monthend closing and yearend closing.

DE FACTO STANDARD

A standard that is accepted but is not defined by the industry groups and their organizations.

DEAL FLOW

The steady flow of business acquisitions when quantity lets you pick the best one based on your criteria.

DEBIT SYSTEM

A system agents use for policy premiums on a weekly or montly basis.

DEBT/ASSET RATIO

The percent of assets that are financed by debt. It is highly leveraged if the ratio is high.

DECISION MODEL

A computer system that makes predictions. The relationships are mapped to understand why they are made and to control the results. It can also predict the result if a choice is made.

DEED OF TRANSFER

A document where ownership of property is sold to a buyer. AKA transfer deed.

DEFERRED INCOME TAX LIABILITY

More income tax on a statement over the taxed amount. It happens when book incomes is more than taxable income. It is liablity on balance sheet and is written off.

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