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

Category: Finance Dictionary

DEMOGRAPHIC FACTORS

Characteristics assigned to age, sex, education, income, marital status, job, religion, birth rate, death rate, family size, and marriage age. It is done to every member of the population.  TLD Example: Many retailers

DENOMINATION

The face value of currency as it is stated in the print on it.

DESTINATION CONTRACT

Contract for sale where a seller takes risk on until goods are delivered. Refer to shipment contract.

DETERMINISTIC METHODS

Equations that use the idea of future behaviors are predictable based on data. They ignore disturbances and shocks that can alter data.

DEVIATION POLICY

When a company handles activities outside of their predictions. Action can be taken in time. AKA exception policy.

DIALECTICAL METHOD

Predicting based on many groups and viewpoitns into one vision. Refer to dialectic.

DIESEL OIL

A petroleum fuel that engines use. It is heavier than gasoline but close to heating oil.

DIFFERENTIATION STRATEGY

When a firm finds a niche and targets it. It is done where advantage is had and the expense is coverable. Refer to segmentation strategies.

DIGITAL CERTIFICATE (DC)

When an email has an attachment or data from a webpage. It certifies that the sender is the one who claims to have sent it. It is a long string of binary

DIGITAL RIGHTS

The copyright for digital content used online or over computerized networks. See, e.g., How to Get a Copyright: A Step-By-Step Guide

DISASTER RECOVERY RISK

The RISK of loss arising from damage to physical infrastructure which prohibits the use of real estate, plant and equipment, technology and communications leading to a halt in operations; the disaster may

DOUBLE RECOVERY

An illegal attempt by an INSURED to file multiple CLAIMS on a single loss event with multiple INSURERS. Double recovery violates the principle of INDEMNITY, which states that an INSURANCE contract cannot

DURATION

The average CASH FLOWS of an INTEREST RATE sensitive ASSET or LIABILITY, takings account of YIELD, interest payments, maturity, and CALLABILITY Duration quantifies the change in the price of a security for

EFFICIENCY RATIO

The measurement of how well a company manages profit versus costs. Accounts receivable and payable are the source for this measuring.

ELASTIC MODULUS

Ratio calculated as the pressure or stress on a substance versus the ability to resist or strain to maintain integrity. Longitudinal stress to strain, is Young’s modulus. Fractional decrease in the volume

ELECTRIC HORSEPOWER

A measurement of a unit of power. It is equal to 746 watts, where a watt is joules per second or 550.22 foot-pounds per second (fps). It measures to be slightly higher

ELECTRONIC COMMUNICATION NETWORK (ECN)

Computer-based, investing order-matching systems that bypass the middleman-broker for order placement, providing investors with direct access to the market. Each brokerage firm decides which ECN it wants in its order-flow system, and

ELECTRONIC MALL (E-MALL)

One or more companies selling similar products use a Web site to display their electronic catalogs. E-mall maintenance companies often charge commission from the sales revenue generated at that site they maintain.

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