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

Category: D

DECIPOL

The indoor air quality based on carbon dioxide and the fresh air available. The higher the number the more polluted. The ratio changes based on where the air comes from. It was

DEDUCTIVE VALUE

An imported item or shipment value customs gets with the price paid for independent buyers in the country it came from for similar goods.

DEFER

An intentional delay until a future date.

DELAY CLAUSE

A rule that prevents liability on damages and travel delays.

DEMISE CHARTER

When the use of a vessel and expenses go to the lessee. They find crew and master the vessel. AKA bareboat charter.

DEPLOYMENT

The way to start an activity or program that is needed in the whole organization.

DESALINATION

Removing salt from sea water to make it drinkable. It is done with reverse osmosis.

DETERMINISM

The idea that all things have to follow universal laws. Cause and effect are a central theme of this philosophy. There are only so many possibilities out there can occur based on

DIAGONAL SPREAD

When one long call and one short call option have the same asset backing it but having different maturation.

DIFFERENTIAL RATE

A rate that changes form standard rates and is applied to special situations.

DIGESTION

A biochemical decomposition of pollutants due that leaves partial gas, liquid, or mineral.

DIGITAL MEDIA

The content digitized over the internet and compute networks.

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