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

Category: D

DICHLORO DIPHENYL TRICHLOROETHANE (DDT)

A hydrocarbon that isn’t water soluable used starting WWII to kill lice and mosquitoes. It is used in pesticides. It is nonbiodegradable and harms the environment and animals. It was made by

DIFFUSION OF INNOVATION

The idea that each market has groups of customers that vary. Innovation is not one dimensional becasue of this. Refer to adoption process.

DIRECT PLACEMENT

The placement of a NEW ISSUE of securities by a company directly with an institutional investor, without the use of a financial intermediary. A direct placement, which can theoretically involve any type

DISTRESSED ASSET

An ASSET, generally a security or real property that features a sharply reduced value as a result of actual or potential losses created by an excess of CREDIT RISK, MARKET RISK, or

DOWN ROUND

A second, third or fourth round of VENTURE CAPITAL financing that is done at lower valuation levels than early rounds, suggesting the company may be worth less than initially predicted.

DANGER ZONE

1. an area or time when an activity can be held back by damage or an undesirable outcome. The space equipment takes up is also considered a dangerous space. A worker can

DATA MANAGEMENT

The process of getting data, validating data, storing data, protecting data, and processing data. The accessibility and reliablity is maintained based on the user needs.

DAY OF THE JACKAL FRAUD

When a dead child’s birth record is used to get a passport and identity fraud. This is the UK term. It is named after Frederick Forsyth’s novel.

DEAD TIME

The time that is wasted on non work at work but is paid for by wages.

DEBT FORGIVENESS

To write off more than one loan to a troubled firm. It helps in restructuring debt so that the remaining balance can be paid.

DECENTRALIZATION

Transfering the power and responsibility to get better results. Delegation about authority in the organization and its small departments is done at this time.

DECLINING BALANCE

The unpaid amount of a loan that goes down with every payment. The interest and charges are done based on the balance

DEFENSIVE RESPONSE

Only taking responsibility for legally required errors on the social and environmental problems. A firm can accomodate response, obstructive response, and proactive response.

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