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

Category: Finance Dictionary

DE FACTO CORPORATION

A firm that isn’t de jure corporation. It can be treated as such due to promoters that attempt to incorporate.

DEADWEIGHT DEBT

DEBT of a company that is used to fund operat- ing losses or service other debt rather than support productive invest- ment or ACQUISITIONS, or create incremental ENTERPRISE VALUE. Although the debt

DEBIT DATE

The date when money from an account is taken based on a debit. It is done when funds are there on the same day every month.

DEBT RESTRUCTURING FRAUD

When a company files for bankruptcy hiding its assets. The debt is reduced assuming that they have less to pay than they really do.

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.

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