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

Category: D

DENK

Dual Employed No Kids. Married couples that are employed but have no kids. AKA Dink. Refer to DEWK.

DESCRIPTIVE MODEL

Anything that shows how things work. It may also answer a question. It may also describe how things should work.

DESKTOP PUBLISHING (DTP)

Using software on high resolution printers to make commercial materials. It is used in specialized situations or short runs. Refer to demand printing.

DIE STAMPING

When engraving die mkes a cut or stamp on a metal sheet for coins and metal.

DIFFERENTIATION

What is done to make something stand out in the market to customers.

DIGITAL CASH

Systems that let a buyer pay electronicallyusing a unique number like a banknote number. It is anonymous. AKA electronic cash.

DIGITAL NERVOUS SYSTEM

A computer network that imitates biological nervous systems that decifer impotant information, learn from experiences, adapts to changes in environment, and reacts to situations quickly while managing an organziation.

DISAPPEARING DEDUCTIBLE

A DEDUCTIBLE on an INSURANCE contract that the INSURED is not obligated to cover if losses exceed a particular threshold. If the threshold is breached the INSURER pays the insured a CLAIM

DOUBLE LEVERAGE

Borrowing at multiple levels within the corporate structure, such as the holding company and a primary operating subsidiary. Double leverage is generally considered to be a more accurate reflection of a group

DUOPSONY

A market that only features two buyers of goods or services, suggesting the buyers have an ability to influence the prices paid to suppliers. See also DUOPOLY, MONOPSONY, OLIGOPSONY.

DARK ARCHIVE

Documents and records the public has limited access to.

DATABASE

Organized and structured repository that has indexed information in it for easy use. Retrieving, updating, analysys, and output is much easier to do this way. It is stored in a computer by

DATED DATE

The date when a new security is issued by the underwriters. It is different than an issue date.

DAYLIGHT OVERDRAFT

An intraday LOAN created when a BANK transfers funds in excess of its balance held in a reserve account with the CENTRAL BANK. Overdrafts may also occur in the accounts of interbank

DE JURE DIRECTOR

A party that is appointed as director with the firm’s articles. They have consent to hold office and have full rights. They are responsible for the acts they do.

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