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

Category: Finance Dictionary

DEMOGRAPHIC ENVIRONMENT

The factors in the market that a demographic has. An organization is affected by this and targets certain groups.

DENK

Dual Employed No Kids. Married couples that are employed but have no kids. AKA Dink. Refer to DEWK.

DESCRIPTIVE MODEL

Anything that shows how things work. It may also answer a question. It may also describe how things should work.

DESKTOP PUBLISHING (DTP)

Using software on high resolution printers to make commercial materials. It is used in specialized situations or short runs. Refer to demand printing.

DIE STAMPING

When engraving die mkes a cut or stamp on a metal sheet for coins and metal.

DIFFERENTIATION

What is done to make something stand out in the market to customers.

DIGITAL CASH

Systems that let a buyer pay electronicallyusing a unique number like a banknote number. It is anonymous. AKA electronic cash.

DIGITAL NERVOUS SYSTEM

A computer network that imitates biological nervous systems that decifer impotant information, learn from experiences, adapts to changes in environment, and reacts to situations quickly while managing an organziation.

DISAPPEARING DEDUCTIBLE

A DEDUCTIBLE on an INSURANCE contract that the INSURED is not obligated to cover if losses exceed a particular threshold. If the threshold is breached the INSURER pays the insured a CLAIM

DOUBLE LEVERAGE

Borrowing at multiple levels within the corporate structure, such as the holding company and a primary operating subsidiary. Double leverage is generally considered to be a more accurate reflection of a group

DUOPSONY

A market that only features two buyers of goods or services, suggesting the buyers have an ability to influence the prices paid to suppliers. See also DUOPOLY, MONOPSONY, OLIGOPSONY.

EFFICIENCY PRINCIPLE

An economic theory that states that the maximum social benefit that is received from any type of action is received when the marginal social costs of resource allocation is equal to the

ELASTIC LIMIT

Point beyond which deformity will permanently occur. Condition of maximum pressure or stress put on a piece of material.

ELECTRIC ARC FURNACE

A type of furnace that uses graphite electrodes to melt scrap iron and steel that is often mixed with DRI pellets. Furnace can be AC or DC powered. See also induction furnace.

ELECTRONIC COMMERCE CODE MANAGEMENT ASSOCIATION (ECCMA)

Organization established to provide standardized electronic commerce codes for membership-based businesses over the internet. United Nations sponsored an open, transparent, and efficient process for the development, maintenance, and distribution of these codes.

ELECTRONIC MAILING LIST

A list of email addresses. Retained electronically by the email user to send email to a group of users or to easily find the addresses of a selected user. Some companies buy

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