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

Category: Finance Dictionary

EXPENSE STOP

Upper limit of what a landlord or tenant will pay. The provision obligates the renter to pay a maximum of certain fees. Beyond that maximum, the landlord owes the rest. Represents an

EXPIRED COST

An expense for revenue in a period of time when benefits are also received. If a business gets all benefits from a cost it is an expired cost.

EXPORT DECLARATION

A form for customs the exporter done at the port to describe the exports and be a control document. An export license or certificate of origin is needed as well.

EXTENSION OF BENEFITS

A rule that lets employees not working extend their coverage after the policy ends. It lasts until they come back to work or are discharged from a hospital.

EXTERNAL REPORT

A report that has the company information in it. It is meant for the public to get the data needed to make decisions.

EXTRADITION TREATY

A treaty between states regarding the return of criminals who flee. The courts have to be sure that prima facie case exists.

DAIMYO

A public BOND issued in Japanese yen by a non- Japanese company. Daimyos are generally listed on the Luxembourg Stock Exchange and cleared through Euroclear/Cedel.

DATA ELEMENT

The smallest item of data that has great meaning. Or data that shortens code that could be very long. It is called data field in a database.

DATE CERTAIN

The date actions are to be done. It is legally binding.

DAWN RAID

A CORPORATE FINANCE tactic where a potential acquirer purchases a substantial block of a target company

DEAD HAND CLAUSE

A provision contained within some POISON PILL defenses preventing the acquisition of the company by another firm even if a majority of shareholders approve of the offer. Only incumbent DIRECTORS can remove

DEALER MARKET

A financial marketplace where activity is restricted to DEALERS acting as PRINCIPALS for their own accounts; BROKERS acting as agents for their clients are not permitted to participate.

DEBUGGING

1.fixing the problems in a software when it crashes, acts strangely, or is hacked. Refer to bug. 2. fixing existing errors or potential errors in a system to make is good for

DECLARED VALUE FOR CUSTOMS

A shipment’s value a shipper declares for taxes. It is te sellig price and is higher or equal to the declared value for carriage.

DECREASING-COST INDUSTRY

An industry where production costs go down as more businesses start up in the same industry. It happens due to supplies and processes that benefit from an economy on scale lowering whats

DEFICIT HAWK

Limiting the federal budget. It can mean increased taxes and reduced spending by the government to handle budget defecits.

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