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

Category: D

DETECTIVE CONTROL

Regularly auditing and surprise auditing to get problems early and prevent fraud and fund leaks.

DIAGNOSTIC SKILLS

Experience in identifying cause and effect relationships in symptoms and sources.

DIFFERENTIAL COST

1.the cost that is different from its alteratives. 2. the difference between costs of alternatives. 3. AKA marginal cost.

DIRECT PUBLIC OFFERING (DPO)

A DIRECT PLACEMENT of COMMON STOCK that is offered by a company to investors, customers, and/or suppliers, without the use of an UNDERWRITER. Given the limited ability for companies to directly place

DIVERSIFIABLE RISK

A RISK that is unique to a company, ASSET, or market, meaning that it can be reduced or eliminated by holding a PORTFOLIO of assets that are uncorrelated. Also known as IDIOSYNCRATIC

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

DATA MART

A simplified version of the data that a smaller organization uses.

DAY ORDER

An order that expires if it is not done the day it is placed.

DEADLINE EQUIPMENT

Equipment that’s inoperative because of damage, or need or repair. It may be damaged if it is used or may be unsafe to be used.

DEBARMENT

Any exclustion or preclusion that prevents having or doing something.

DECERTIFICATION

When employees disassociate from a union or when a firm denies a union’s recognition to represent the employees.

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