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

Category: D

DEFINED CONTRIBUTION PLAN

A benefit plan that an employee adds a fixed amount every month until they retire. AKA defined contribution pension plan.

DEGREASING

Removing grease from a surface using hot water, steam, alkaline cleaners, or organic solvents.

DEKITTING

Taking kits apart and returning them to stores.

DELIVERABLE

A report done when a contract demands it. This term also applies to individual items.

DEMONSTRATE

To show. It can be applied to an object, device, procedure, or example.

DEPARTMENTAL BUDGET

A tool used to predict income and expenses of a department to get the goal. It analyzes cost and the firm’s income to meet expenses. It manages performance over time.

DEREGULATION

Changing laws that hinder free competition that lets market forces drive the economy.

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

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