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

DEMOGRAPHY

Studying quantitative qualities of the human population. They are composition, density, distribution, growth, movement, size, and structure. It is sociological, educational, crime, development, diet, race, social class, wealth, and well being.

DEMOLITION CLAUSE

A rule that doen’t attach liablity cost for demolition of a property that is not in need of being torn down. It is needed when ordinaces require it to be done after

DEMONSTRATE

To show. It can be applied to an object, device, procedure, or example.

DEMONSTRATED RESERVES

The amount of energy source an area can support and still be recovered with the available technology. AKA demonstrated energy reserves.

DEMUTUALIZATION

The process of converting a memberowned mutual organization into a public company through the flotation of COMMON STOCK. Once demutualization occurs, members/ customers are separate and distinct from owners/investors.

DENATURED ALCOHOL

An ethly alcohol that is not drinkable due to chemicals and smells bad. It is done to avoid a tax. AKA methylated spirit. Refer to completely denatured alcohol and specially denatured alcohol.

DENATURING

Changing a substance by taking a part of it out to make it unusable for its purpose.

DENK

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

DENOMINATION

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

DENSITY

The weight per volume used to describe compactness. It is in kg/m3 or lb/ft3. Sometimes lb/gallon and kg/l are used as well.

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.

DENTAL PLAN

A contract for dental care supplied or prepaid on a group or individual.

DEOBLIGATION

Reducing the obligations on a contract. This is done by canceling a project, reducing cost, cost overrun, or correcing amounts recorded.

DEPARTMENTAL BUDGET

A tool used to predict income and expenses of a department to get the goal. It analyzes cost and the firm’s income to meet expenses. It manages performance over time.

DEPENDABILITY

The amount an item can do its job when randomly chosen in a period of item.

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