Business — page 9 of 36

Business terms

801. Dealer Sticker Price Dealer Sticker Price, usually on a supplemental sticker, is the Monroney sticker price plus the suggested retail price of dealer-installed options, such…
802. Death benefit A death benefit is money your beneficiary collects from your life insurance policy if you die while the policy is still in force.
803. Debarment Disqualification of a firm or individual from contracting with the government or participating in government non-procurement transactions for a specific…
804. Debenture A debenture is an unsecured bond. Most bonds issued by corporations are debentures, which are backed by its reputation rather than by any collateral, such…
805. Debit A debit may be an account entry representing money you owe a lender or money that has been taken from your deposit account.
806. Debit balance A debit balance is what you owe. It's entered as accounts receivable on the books of the lender and appears on your account statement as a liability.
807. Debit Card A debit card allows the account owner to access their funds electronically. Debit cards may be used to obtain cash from automated teller machines or…
808. Debris removal Coverage for the cost of removing debris resulting from damage caused by an insured peril.
809. Debt An obligation to repay a sum of principal, plus interest. In corporate terms, debt often refers to bonds or similar securities.
810. debt adjuster Debt adjusters , according to Sec. 36a-656, must be nonprofit organizations. A bona fide nonprofit organization means an individual, partnership…
811. Debt cancellation coverage Cancels your debt if you become unemployed, disabled, or meet other criteria covered by your contract.
812. Debt Collector Any person who regularly collects debts owed to others.
813. Debt Elimination Scheme A debt elimination scheme is a plan that is advertised as a way for an individual to eliminate various types of debt simply by paying someone a small fee…
814. Debt Security Debt securities are interest-paying bonds, notes, bills, or money market instruments that are issued by governments or corporations.
815. Debt suspension coverage Stops your payments during periods of unemployment, disability, or other situations covered by your contract.
816. Debt-to-equity ratio A company's debt-to-equity ratio indicates the extent to which the company is leveraged, or financed by credit.
817. Debt-to-income (DTI) (DTI) a comparison or ratio of gross income to housing and other expenses or debts the homeowner owes.
818. Debt-to-Income Ratio A measure of creditworthiness computed by dividing the dollar amount of monthly debts by total gross monthly income, then converting the result to a…
819. Debt-to-Income Ratio (DTI) (DTI) The percentage of a consumer's monthly gross income that goes toward paying debts. Generally, the higher the ratio, the higher the perceived risk.
820. Debtor Someone who owes monies to another party.
821. Decedent A deceased person, ordinarily used with respect to one who has died recently.
822. Decimal pricing US stocks, derivatives linked to stocks, and some bonds trade in decimals, or dollars and cents.
823. Declarations (DEC) Page (DEC) Usually the first page of an insurance policy, it contains the full legal name of your insurance company, your name and address, the policy number…
824. Declarations page The page your company sends as part of the policy which shows the terms, coverage limits, premium and endorsements.
825. Declarations Page ("Dec Page") A page your company sends you to show your premium and coverage. Some insurance companies only send a new declarations page at renewal unless there’s a…
826. Decliner Stocks that have dropped, or fallen, in value over a particular period are described as decliners.
827. Decorative Masonry Terra cotta, cast-stone or natural stone (such as limestone, marble, brownstone or granite) facade areas and/or any ornamental feature which is a…
828. Decreasing term insurance With a decreasing term life insurance policy, the amount of the death benefit decreases each year of the fixed term - such as 20 years - although the…
829. Deductible The dollar amount you must pay out-of-pocket for each claim before the insurance company begins paying.
830. Deduction A deduction is an amount you can subtract from your gross income or adjusted gross income to lower your taxable income when you file your income tax…
831. Deed A deed is a written document that transfers ownership of land or other real estate from the owner, also known as the grantor, to the buyer, or grantee.
832. Deed of Trust A legal document in which the borrower transfers the title to a 3rd party (trustee) to hold as security for the lender.
833. Deed-in-Lieu To avoid foreclosure ("in lieu" of foreclosure), a deed is given to the lender to fulfill the obligation to repay the debt; this process does not allow…
834. Deed-in-Lieu of Foreclosure the process by which a homeowner may voluntarily transfer the deed to a home to the servicer when payments cannot be made.
835. Deep discount bond Deep discount bonds are originally issued with a par value, or face value, of $1,000.
836. Deep discount brokerage firm A financial services company that offers rock-bottom rates for large-volume securities transactions is sometimes described as a deep discount firm.
837. Default Default occurs when a debtor is unable to meet the legal obligation of debt repayment, one form of which is the failure to promptly pay interest or…
838. Default APR See penalty APR.
839. Default Rate ​The annualized rate at which the loans underlying a security have defaulted. Also known as the Conditional Default Rate, or CDR.
840. Defensive security Defensive securities tend to remain more stable in value than the overall market, especially when prices in general are falling.
841. Deferred Annuity A deferred annuity contract allows you to accumulate tax-deferred earnings during the term of the contract and sometimes add assets to your contract over…
842. Deferred Payment A payment postponed until a future date.
843. Deferred Payments loan payments that are authorized to be postponed as part of a workout process to avoid foreclosure.
844. deficit The result of the government taking in less money than it spends.
845. Defined Benefit Pension Plan A pension plan by which an employer holds and invests pooled funds for all participating employees together, and the employer guarantees a fixed amount of…
846. Defined Benefit Plan A defined benefit plan - popularly known as a pension - provides a specific benefit for retired employees, either as a lump sum or as income for the rest…
847. Defined Contribution Pension Plan A pension plan by which an employer or its agent maintains a separate account for each participating employee.
848. Defined Contribution Plan In a defined contribution retirement plan, the benefits - that is, what you can expect to accumulate and ultimately withdraw from the plan - are not…
849. Deflation A condition of decreasing prices. Deflation is generally measured by the Consumer Price Index.
850. Delayed exchange Same or similar to "tax-free exchange." See also "tax-free exchange."
851. Delinquency A debt that was not paid when due.
852. Delivery date The delivery date, also known as the settlement date, is the day on which a stock, option, or bond trade must be settled, or finalized.
853. Delta The relationship between an option's price and the price of the underlying stock or futures contract is called its delta.
854. Demand Deposit A deposit of funds that can be withdrawn without any advance notice.
855. Demand loan A loan having no specific date for repayment but may be called by the lender at any time.
856. Demolition Dismantling or razing of all or part of an existing improvement.
857. Dentil A small, square, tooth-like block in a series beneath a cornice.
858. Department and DOL Department and DOL mean the United States Department of Labor.
859. Department of Defense (DOD) (DOD) The mission of the Department of Defense (DOD) is to provide the military forces needed to deter war and to protect the security of our country.
860. Department of Energy (DOE) (DOE) In 1989, the Department of Energy (DOE) created the Office of Environmental Management (EM) to mitigate the risks and hazards posed by the legacy of…
861. Department of Housing and Urban Development (HUD) The U.S. government agency that administers FHA, GNMA and other housing programs.
862. Department of Transportation (DOT) (DOT) Established by an act of Congress on October 15, 1966, the Department of Transportation's (DOT) mission is to serve the United States by ensuring a fast…
863. Department of Veterans Affairs (VA) (VA) VA will insure certain government mortgages that are provided to Veterans of the U.S.
864. Department of Veterans Affairs (VA) mortgage Department of Veterans Affairs (VA) mortgages enable qualifying veterans or their surviving spouses to borrow up to the annual federal limit in order to…
865. dependency exemption Amount that taxpayers can claim for a "qualifying child" or "qualifying relative". Each exemption reduces the income subject to tax.
866. Dependent A qualifying child or qualifying relative, other than the taxpayer or spouse, who entitles the taxpayer to claim a dependency exemption.
867. Dependent Child When used with respect to any reporting individual, a son, daughter, stepson, or stepdaughter who -- (1) Is unmarried and under age 21 and is living in…
868. Dependent employer Dependent employer is an H-1B employer who has: 25 or fewer full-time employees and at least eight H-1B workers; or 26-50 full-time employees and at least…
869. Deposit (Earnest Money) Money put down by a potential buyer to show that they are serious about purchasing the home; it becomes part of the down payment if the offer is accepted…
870. Deposit Slip An itemized memorandum of the cash and other funds that a customer presents to the bank for credit to his or her account.
871. Depositary bank A US bank that holds American depositary shares (ADSs), or shares of corporations based outside the United States, and sells American depositary receipts…
872. Depository Institution A financial institution that makes loans and obtains its funds mainly through accepting deposits from the public; includes commercial banks, savings and…
873. Depository Trust and Clearing Corporation (DTCC) The DTCC is the world's largest securities depository, holding trillions of dollars in assets for the members of the financial industry that own the…
874. Depreciation The act of lowering an item´s value due to use or wear and tear.
875. Depression A depression is a severe and prolonged downturn in the economy. Prices fall, reducing purchasing power.
876. Derivative Derivatives are financial products, such as futures contracts, options, and mortgage-backed securities.
877. Derogatory Information Data received by a creditor indicating that a credit applicant has not paid his or her accounts with other creditors according to the required terms.
878. Designated Agency Ethics Official (DAEO) The primary officer or employee designated by the head of an agency to administer the provisions of title I of the Ethics in Government Act of 1978 and 5…
879. Detached house A housing unit surrounded by freestanding walls and generally seated on a separate lot.
880. Details The dimensions and contours of both the stationary and moveable portions of a window, and moldings.
881. Devaluation Devaluation is a deliberate decision by a government or central bank to reduce the value of its own currency in relation to the currencies of other…
882. DIAMONDs A DIAMOND is an index-based unit investment trust (UIT) that holds the 30 stocks in the Dow Jones Industrial Average (DJIA).
883. Diluted earnings per share In addition to reporting earnings per share, corporations must report diluted earnings per share.
884. Dilution Dilution occurs when a company issues additional shares of stock, and as a result the earnings per share and the book value per share decline.
885. Direct Deposit A payment that is electronically deposited into an individual's account at a depository institution.
886. Direct Dispute A dispute submitted directly to the furnisher about the accuracy of information in your consumer report that relates to an account or other relationship…
887. Direct investment Investment in which a resident of one country obtains a lasting interest in, and a degree of influence over, the management of a business enterprise in…
888. Direct investment capital flows Funds that parent companies provide to their affiliates net of funds that affiliates provide to their parents. For U.S.
889. Direct investment income Return that direct investors receive on their investment in affiliates abroad. It consists of the direct investors' share in the earnings of the…
890. Direct investment position The value of direct investors' equity in, and net outstanding loans to, their affiliates.
891. Direct investment position at current cost A measure of the value of direct investors' equity in, and net outstanding loans to, their affiliates in which the equity portion of the position is…
892. Direct investment position at historical cost A measure of the value of direct investors' equity in, and net outstanding loans to, their affiliates in which the direct investors' investment is valued…
893. Direct investment position at market value A measure of the value of direct investors' equity in, and net outstanding loans to, their affiliates, in which the equity portion of the position is…
894. Direct purchase plan (DPP) Some publicly held companies offer a direct purchase plan that lets you purchase their stock directly without using a broker.
895. Direct requirements table A table in the input-output (I-O) accounts that shows the input of commodities that an industry requires to produce a dollar of output.
896. Direct Rollover The taxable portion of a retirement plan distribution (refund) may be eligible for a tax-deferred rollover to an IRA, a 401(k) plan, a 401(a) plan, a…
897. direct tax A tax that cannot be shifted to others, such as the federal income tax.
898. Directly estimated method Procedure for estimating Federal government purchases based on data from the budget and from the Monthly Treasury Statement.
899. Directly priced method Procedure for estimating Federal government purchases by multiplying the delivered quantity by the price paid.
900. Disability Determination Provider This provider evaluates the Retirement Systems’ disability claims and submits a recommendation to the Retirement Systems’ Medical Board.