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

Category: D

DETERMINISTIC METHODS

Equations that use the idea of future behaviors are predictable based on data. They ignore disturbances and shocks that can alter data.

DEVIATION POLICY

When a company handles activities outside of their predictions. Action can be taken in time. AKA exception policy.

DIALECTICAL METHOD

Predicting based on many groups and viewpoitns into one vision. Refer to dialectic.

DIESEL OIL

A petroleum fuel that engines use. It is heavier than gasoline but close to heating oil.

DIFFERENTIATION STRATEGY

When a firm finds a niche and targets it. It is done where advantage is had and the expense is coverable. Refer to segmentation strategies.

DIGITAL CERTIFICATE (DC)

When an email has an attachment or data from a webpage. It certifies that the sender is the one who claims to have sent it. It is a long string of binary

DIGITAL RIGHTS

The copyright for digital content used online or over computerized networks. See, e.g., How to Get a Copyright: A Step-By-Step Guide

DISASTER RECOVERY RISK

The RISK of loss arising from damage to physical infrastructure which prohibits the use of real estate, plant and equipment, technology and communications leading to a halt in operations; the disaster may

DOUBLE RECOVERY

An illegal attempt by an INSURED to file multiple CLAIMS on a single loss event with multiple INSURERS. Double recovery violates the principle of INDEMNITY, which states that an INSURANCE contract cannot

DURATION

The average CASH FLOWS of an INTEREST RATE sensitive ASSET or LIABILITY, takings account of YIELD, interest payments, maturity, and CALLABILITY Duration quantifies the change in the price of a security for

DATA ACCESS TIME

The time a computer takes to respond to a request the user makes. The time depends on where the data is kept. Refer to data transfer rate.

DATABASE MARKETING

Any communication, promotion, and selling based on DBMS. It stores and defines data for a firm’s marketing or selling. A customer profile is made for each personal, demographic, geographic, and psychographic characteristic.

DATING

When seasonal industries ship goods before the date of the season. Its like a prechristmas sale giving cash in times that are lean.

DAYLIGHT SAVING TIME

Adjusting clocks forward to make working hours start early and end early. More daylight is left for business and spending.

DE MINIMUS PRINCIPLE

A law that doesn’t bother with trifles. It is used for insignificant offenses. In latin its de minimus non curant lex.

DEALER FINANCING

Indirect loans that a customer gets from a retailer. It is from a third party financial institution.

DEBT CAPACITY

1. assessing the debt of a party can repay in a reasonable time without losing its viabilty. 2. the amount of debt a firm can have based on a loan agreement or

DEBTOR-IN-POSSESSION (DIP) FINANCING

Funding arranged for a company in BANKRUPTCY that is filing a REORGANIZATION plan; the bank group providing DIP financing generally assumes some level of control and/or COLLATERAL in order to protect its

DECK CARGO

An item like cattle or lumber on the main deck that cannot be stored below deck. Some cargo is required by law to be carried this way.

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