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

Category: Finance Dictionary

DEMOGRAPHIC TIME-BOMB

When a country has more older populations in it. Or when there are more people in public need than those that are not. The country must support them and it takes strain

DENSITY OF CARGO

The cubed value of cargo divided by weight. The higher the number the lower the price. It shows efficiency of frieght traffic. Refer to dimensional weight.

DEPRECIATION

1.converting the cost of an asset into an operational cost over the lifetime. 2. a decline in market value of any asset. 3. a decrease in potential of an asset over lifetime.

DESCRIPTIVE STATISTICS

Quantities that represent a property of data but do not polute the sample. Refer to inferential statistics.

DESTINATION STORE

A big retail store that combines stores. There is mass merchanise available and variety plus low prices. The customes travel to get there and shop.

DEVIL’S HORNS

When managers focus on an undesirable trait. They do not see future and current success potential.

DIFFERENTIAL

1. the difference between comparable items that act as alternates to each other. 2. an extra charge on a purchase or taken from a seller price for odd lot transactions. AKA odd

DIGITAL COUPON

Coupons that are usable online or for download that can be used in the stores on location. They are on company websites, social media outlets, texts, and email. Cell phones also offer

DIRECT CREDIT RISK

The RISK of loss due to DEFAULT by a COUNTERPARTY on a direct extension of credit, such as a LOAN or DEPOSIT. Default on an unsecured direct credit risk transaction always results

DISCRETIONARY ACCOUNT

A customer brokerage account where the client gives the BROKER authorization to act on his/her behalf in buying and selling securities. The client may limit the discretion granted through time and/or price

DOUBLING OPTION

A right granted by investors to an issuer of BONDS that allows the issuer to double the amount of the SINKING FUND provision in order to accelerate repayment and ultimate redemption.

DWARF

A15 year MORTGAGEBACKED SECURITY issued by the FEDERAL NATIONAL MORTGAGE ASSOCIATION. See also GNOME, MIDGET.

EFFICIENCY WAGE

Wage higher than market that raises worker morale to achieve higher output and discourage absenteeism and inventory shrinkage.

ELASTICITY

1. In Economics, this is the measure of responsiveness to an increase or decrease in its price or capability of a good or service to demand and supply of a good or

ELECTRONIC DATA CAPTURE

Merchant account provider, or some other credit card transaction processor using point-of-sale terminals, or a specialized software for online transaction, for submitting and validating credit card transactions See also automatic data capture.

ELECTRONIC MEETING SYSTEM (EMS)

An electronic method of conducting any and all activities that can occur in a face-to-face meeting or telephone conference call. It facilitates participation, problem-solving and decision-making. See also Group Decision Support System

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