Donor Advised Fund
What is a Donor Advised Fund A donor advised fund (DAF) is a type of charitable giving vehicle established by donors to provide an easy way to make grants to their favorite charities. DAFs are administered by public charities, which are responsible for investing the assets and making sure the grants are used for charitable purposes as intended by the...
De-hedge
What is 'De-hedge' The process of closing out positions that were originally put in place to act as a hedge in one's portfolio. De-hedging involves going back into the marketplace and closing out hedged positions, which were previously taken to limit an investor's risk of price fluctuations in relation to their underlying asset. Explaining 'De-hedge'...
Defined Benefit Plan
DefinitionA defined benefit pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum on retirement that is predetermined by a formula based on the employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental and public entities, as well as a large...
Day-Count Convention
DefinitionIn finance, a day count convention determines how interest accrues over time for a variety of investments, including bonds, notes, loans, mortgages, medium-term notes, swaps, and forward rate agreements. This determines the number of days between two coupon payments, thus calculating the amount transferred on payment dates and also the accrued interest for dates between payments. The day count...
Dean Analytic Schedule
What is the Dean Analytic Schedule The Dean Analytic Schedule is a tool that insurance companies use to rate fire insurance policies. The schedule assigns a numeric value to each risk factor, which is then used to calculate the premium. Some of the factors that are considered include the type of building, its age, the occupancy rate, and the location....
Dark Cloud Cover
How to Trade the Dark Cloud Cover Candlestick Pattern If you've been following the stock market for any length of time, you've probably come across the Dark cloud cover candlestick pattern. What is it, and what is it indicating? As you read this article, you'll learn why this pattern is a bearish reversal, and how to trade it. Fortunately, it's...
Deal Slip
What is 'Deal Slip' A record of the essential details of a transaction entered into by a forex dealer. It is the primary source of record-keeping for a dealer. Deal slips are generally required to be archived for a certain number of years stipulated by the regulatory authority where the deal is recorded. Also known as deal...
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Event studies in economics and financewww.jstor.org ECONOMISTS are frequently asked to measure the effects of an economic event on the value of firms. On the surface this seems like a difficult task, but a measure can be constructed easily using an event study. Using financial market...
Discounted Cash Flow
DefinitionIn finance, discounted cash flow analysis is a method of valuing a project, company, or asset using the concepts of the time value of money. All future cash flows are estimated and discounted by using cost of capital to give their present values. The sum of all future cash flows, both incoming and outgoing, is the net present value,...
Daylight Overdraft
DefinitionIn the United States, the daylight overdraft is a system in which "allows qualifying banks to overdraw on their Federal Reserve accounts in order to make payments via Fedwire. Banks can acquire overdrafts throughout the day to make payments, but must ensure that their accounts are not in a negative position at the end of the day." Daylight Overdraft...