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

Category: Finance Dictionary

EXTENDED WARRANTY

Extending coverage on a standard warranty. The time a producer is liable pays is extended. This is offered at the end of a warranty.

EXTERNAL ENVIRONMENT

Parties and factors that surround an organization but influence it and the risks. AKA operating environment.

D RATIO

The losses less than $2000 that are added to discounted value of a larger loss. It compares total loss in a certain business. It is used in workers compenstation ratings.

DATE OF SUBSTANTIAL COMPLETION

The date when a project is to be complete to be used for its intended purpose. The contract lists the requirements for this 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.

DEALER BANK

A bank that underwrites and trades in bonds and debt securites. These are issued by the government, municipalities, or corporate entities.

DEBRIEFING

Giving a summary of a condition on the situation to the parties involved.

DEBT-EQUITY RATIO

The leverage a firm has for repaying debts. It shows capital from trade creditors and lenders. AKA leverage ratio and gearing ratio.

DECITEX (DTEX)

The linear density of yarn or filament. It is 1/10th of tex or 9/10th of a denier.

DECOMPOSITION

When a degradable material is broken down into simpler parts by a natural process.

DEFLATION

1.When the economy is in a downturn due to governmental policy. The wages go down, less credit is available, less imports come in due to demand, and the citizens money is increased

DEGREES OF FREEDOM

The independent units of information in a sample that estimate parameters on statistics.

DELAYED PAYMENT CLAUSE

A rule in life insurance concerning payout of death benefits. It occurs when the beneficiary is dead and other listed must be paid.

DELIVERED PRICE

The selling price plus charges up to delivery as decided by buyer or seller.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.