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

Category: Finance Dictionary

DETAILER

A representative that pharmaceuticals hire to inform clients about a new product.

DEVELOPED COUNTRIES

The nations of Australia, Austria, Canada, France, Germany, Italy, Japan, UK, And the US. They are sometimes called the north as well.

DICHLORO DIPHENYL TRICHLOROETHANE (DDT)

A hydrocarbon that isn’t water soluable used starting WWII to kill lice and mosquitoes. It is used in pesticides. It is nonbiodegradable and harms the environment and animals. It was made by

DIFFUSION OF INNOVATION

The idea that each market has groups of customers that vary. Innovation is not one dimensional becasue of this. Refer to adoption process.

DIRECT PLACEMENT

The placement of a NEW ISSUE of securities by a company directly with an institutional investor, without the use of a financial intermediary. A direct placement, which can theoretically involve any type

DISTRESSED ASSET

An ASSET, generally a security or real property that features a sharply reduced value as a result of actual or potential losses created by an excess of CREDIT RISK, MARKET RISK, or

DOWN ROUND

A second, third or fourth round of VENTURE CAPITAL financing that is done at lower valuation levels than early rounds, suggesting the company may be worth less than initially predicted.

EDGE ACT BANK

A US banking entity, owned by a state or nationallychartered BANK, with an international business scope. Edge Act banks are authorized to operate interstate branches, accept DEPOSITS from offshore sources, invest in

EFFICIENT PORTFOLIO

A portfolio with a certain level of risk yielding its highest return possible. Known also as an optimal portfolio.

ELASTICITY OF TECHNICAL SUBSTITUTION

Company response to a price change for an input substitute. To what degree can two inputs substitute for each other, based on price changes. Measured as a ratio; scale of change in

ELECTROMAGNETIC FIELD

Area where an object experiences a force or the effect of electromagnetic radiation (EMR). Typically experienced around electromagnetic devices and power lines.

ELECTRONIC DATA PROCESSING (EDP)

Recording, classifying, manipulating, and summarizing data, using computers. Known also as Automatic data processing, data processing, or information processing.

ELECTRONIC PUBLISHING

Involves written information handled through digital media (diskettes, CDROMs, DVDs, portable document files (PDF)), or online over the internet or other networks. Encompasses the entire process of bringing information from concept to

ELEPHANT

A large institutional client, such as a PENSION FUND, MUTUAL FUND, HEDGE FUND, CORPORATION, or sovereign entity, that financial institutions court in order to generate NEW ISSUE, CORPORATE FINANCE, or investment advisory

ELIGIBLE PAPER

Shortterm financial instruments (such as GOVERNMENT BILLS, CERTIFICATES OF DEPOSIT, BANKER

EMBEDDED VALUE (EV)

A method that calculates asset value when added to future revenue of the policy. It is used to assess the value of a life insurance policy. A point-in-time calculation.

EMOTICON

Symbols and symbolization electronically keyed by keyboard or keypad. Initially begun as digital facial expressions on digital devices. Primarily used to express an emotion. Example: πŸ™ denotes sad; 😎 happy; People emphasize

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