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

Category: D

DATE OF MANUFACTURE

The date when a product is made or when it is as it is described in the technical literature.

DAY TRADER

A party that takes a position and sells it in the same day.

DEBIT CARD

A card used to do cash transactions that is not a credit card. It is taken from the balance of the cardholder. If it is more than is available than it is

DEBT RESTRUCTURING

An agreement between creditors and the firms to reorganize liabilities to make it more feasible. It is done to avoid foreclosure or liquidations. It can involve forgiveness, rescheduling, and conversion into equity.

DECIBEL (DB)

The measure of loudness or signal strength. 70db at 3 feet is normal. 90db is ok for workers for eight hours. It is named in honor of Alexander Graham Bell. If changes

DECLINING INDUSTRY

An industry that goes down or stays the same because of demand declines for many reasons. A declining economy, downgrade, upgrade, and technology change can do this.

DEDUCTIVE REASONING

Reasoning from the general to particular elements for laws on an observed occurance. It is one of the three modes of thinking. AKA deduction.

DEFENSIVE SECURITY

Any security that exhibits less volatility than the market as a whole (i.e., its BETA is less than 1.0), providing lower, but more stable, returns. Investors often acquire defensive securities during periods

DEGREE DAY

A unit for energy demand estimation. It is used in heating or cooling. Indoor temperature is 65 fahrenheit. For one degree increase or decrease from the outside one heat or cool degree

DELAY CLAUSE

A rule that prevents liability on damages and travel delays.

DEMISE CHARTER

When the use of a vessel and expenses go to the lessee. They find crew and master the vessel. AKA bareboat charter.

DEPLOYMENT

The way to start an activity or program that is needed in the whole organization.

DESALINATION

Removing salt from sea water to make it drinkable. It is done with reverse osmosis.

DETERMINISM

The idea that all things have to follow universal laws. Cause and effect are a central theme of this philosophy. There are only so many possibilities out there can occur based on

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