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

Category: D

DOWN AND IN OPTION

A COMPLEX OPTION that creates a standard EUROPEAN OPTION if the price of the UNDERLYING market reference declines through a predefined BARRIER. See also BARRIER OPTION, DOWN AND OUT OPTION, KNOCKIN OPTION,

DAISY CHAIN

An illegal TRADING scheme where a group of manipulators trade a company

DATA FLOW DIAGRAM

A diagram that shows how data is transferred or processed. It shows interactions and the output.

DATE DRAFT

A bill that is payable on a date without need for the payer to accept it.

DAX 100

The top 100 stocks price index on the Frankfurt stock exchange.

DAYS DATE

The date after a date by a set period. A bank must honor the draft against the letter of credit.

DEAD LOAD

How much a structure weighs. Refer to live load.

DEBT FACTORING

Selling invoices to a third party. They must process the invoices and get loans based on payments of the invoices.

DECLINE CURVE

The way of setting up productin yields from oil or gas wells. It changes because of pressure, depletion, or maintenance time. An exponential hyperbolic or harmonic Arps equation is used.

DEDICATED

Anything made for a purpose or used to do a specific function.

DEGRADATION FACTOR

The amount multiplied by mean time between failures of a part to get the operational MTBF.

DEKA (DA)

The metric prefix of 10. It is also spelled as deca.

DELINQUENCY RATIO

The past due payments divided by the total loans. It is the way a bank’s quality is shown in their portfolio.

DEMARKETING

When it is discouraged to demand a product from a firm that can’t get the quantity needed or they don’t want to supply a region that would have little profit. Higher prices

DEMOGRAPHY

Studying quantitative qualities of the human population. They are composition, density, distribution, growth, movement, size, and structure. It is sociological, educational, crime, development, diet, race, social class, wealth, and well being.

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