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

Category: D

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 ALLOWANCE

A component added to protect against delays beyond the workers control.

DEMING’S 14 POINTS

The scale of quality made by W. Edward Deming. The guideposts are used by Japanese companies. 1 is consistency. 2 is adaptation. 3 is no relying on inspections. 4 is reducing vendors.

DEMUTUALIZATION

The process of converting a memberowned mutual organization into a public company through the flotation of COMMON STOCK. Once demutualization occurs, members/ customers are separate and distinct from owners/investors.

DEPLETION ACCOUNTING

Charges on earning based on wasting a resource taken out or reserce. It can be reduced over the years to 0. It is not cash outlay in the books or funds earmarked.

DEROGATORY INFORMATION

Information on credit reports lenders used to refuse a loan legally. It can lower the score and limit credit availability.

DETERIORATION

Downgrading effectiveness due to bad packaging or abnormal storage.

DEVELOPMENTAL LICENSE

An agreement when one party lets another evaluate it for a time. If things go well than formal licensing is offered.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.