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

Category: Finance Dictionary

DAYCOUNT

How the days for interest are decided. A month has 30 days and a year is 360 days. Actual 60 is the days in a month but a 360 day yar. An

DE FACTO MERGER

A transaction that is not on a merger but can effect acquisition of a firm asset or stock. It is a statutory merger for appraisal, voting rights, and other matters.

DEADWEIGHT LOSS OF TAXATION

The way tax changes supply and demand for the customer. It lowers price to make but increases price to buy the product. It leads to market shrinkage. AKA excess burden.

DEBIT SPREAD

Any OPTION SPREAD that results in a net outflow of PREMIUM. See also CREDIT SPREAD.

DECISION MATRIX

A table of alternatives for a problem. Alternatives are on the first column. Their criteria are on the following columns. It is given a score based on their value. The scores are

DECLINING RETURNS TO SCALE

When the output of a process increases in small increments or goes down with increase of input. Declining ratios are inefficient. AKA decreasing returns to scale. Refer to economies of scale and

DEED OF PROTEST

A document a drawees bank sends stating that the bill of exchange was not paid. It is sent to collections.

DEFERRED CREDIT

When a customer prepays and has to wait unti the associated goods or benefits are delivered. AKA deferred liability or deferred revenue.

DEFINITIZATION

The final agreement or contract about a decision. It can be about cost or the scope of a project.

DEGREE HOUR

The degrees fahrenheit the hourly average indoor temperature changes from the standard temperature. It is used for head and cooling estimation.

DELIVERED EX QUAY (DEQ)

When the buyer and seller agree bring anoder to the port. The cost of bringing the goods to the warehouse is on the buyer as well as duties, taxes, and charages from

DEMO

1.a contract for demonstration. 2. the trial version of software that is free without critical parts or only available for a small time. AKA demoware.

DENATURING

Changing a substance by taking a part of it out to make it unusable for its purpose.

DESK RESEARCH

Analyzing informatoin available on the internet on in books.

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