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

Category: D

DEFENSIVE SECURITIES

Stocks and bonds tha don’t lose value when the market is on a decline. It is because the firm has less economic cycles influencing it. They don’t gain value as fast as

DEFINITE QUANTITY CONTRACT

A contact to purchase that lets the supply of an amount of goods over a period of time. The delivery is scheduled on a timetable.

DELAWARE CORPORATION

Corporations registered in Delaware. That sate has flexible laws about interest and corporations.

DEMING APPLICATION PRIZE

The quality awar for a Japanese firm or party. It was started in 1951 by W. Edward Deming and is administered by the JUSE. AKA Deming prize.

DEMONSTRATED RESERVES

The amount of energy source an area can support and still be recovered with the available technology. AKA demonstrated energy reserves.

DEPLETION

To take from the land’s value when minerals are taken.

DERMATITIS

Inflamation of the skin due to exposure. Redness and pain or dring is possible as well.

DESIGNATION DATE

The date when an act is offical or an organization takes on a new employee.

DETERGENT

A cleaning agent that removes dirt and grease from a nonporous surface or a porous surface. It is made of soap or surfacants.

DICKER

To negotiate for a good. An agreement must be made eventually.

DIGERATI

Digital literati. It is the active parties in a digital revolution.

DIRECT WRITER

An INSURER that writes INSURANCE policies through a direct selling process or an exclusive AGENCY arrangement, or a REINSURER that accepts ceded RISKS directly from other insurers rather than REINSURANCE BROKERS.

DIVESTITURE

A CORPORATE FINANCE transaction where a company sells a subsidiary or a portion of its operations to a third party. A divestiture typically occurs when the company no longer views the ASSETS

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