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

Category: D

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.

DECLINING BALANCE DEPRECIATION

The way of computing depreciation by using book value of an asset and reducing it by a percent. It is the larger amount of depreciation and is used when an asset lasts

DEDUCTIBLE

The amount or percent of an insurance claim that the insured is responsible for and the company deducts for payment. It can be voluntary but is usually given to the insurer to

DEFENSIVE SECTORS

The section of economy markets like healthcare and utilities. They are stable and have steady earnings in good and bad times but have no growth.

DEFINITE

A certain or exact boundary. Refer to definitive.

DEGREE (

1.The unit of an angle or arc. It can be 60 min, 3600 sec, 0.017 radian, or 1/360 of a circle. As for the earths surface it is 60 nautical miles or

DEL CREDERE AGENT

An agent that ensures a buyer’s trustworthy if they should default. A higher fee is charged for commission.

DELIVERABLE ASSET

The specific type and quality of a financial or physical ASSET that can be delivered under the terms of an EXCHANGETRADED DERIVATIVE. Many contracts provide the selling party with the ability to

DEMERIT GOOD

A good that is not good or damaged. It can be harmful mentally, physically, or morally. Taxes are placed on them to reduce use. Sin tax is the term for that tax.

DEPENDABILITY

The amount an item can do its job when randomly chosen in a period of item.

DESIGN PARAMETERS

Aspects of a component that are needed to make something. It decides cost, design, and risk. Refer to design specification.

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