Tag: payment

Days Working Capital

What is 'Days Working Capital' Days working capital is an accounting and finance term used to describe how many days it takes...

Dealer Option

What is 'Dealer Option' An option issued on the physical inventory of a commodity. A dealer option is typically issued by companies...

Dealer Incentive

What is 'Dealer Incentive' A corporate sales strategy in which the price a dealer has to pay a manufacturer for a particular...

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...

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,...

Debt Consolidation

DefinitionDebt consolidation is a form of debt refinancing that entails taking out one loan to pay off many others. This commonly refers to a...

Dated Date

What is 'Dated Date' The date at which interest begins to accrue on a fixed-income security. Investors who purchase a fixed-income security...

Death Benefit

What is 'Death Benefit' Death benefit is the amount on a life insurance policy, annuity or pension that is payable to the...

Dangling Debit

What is 'Dangling Debit' A debit entry with no offsetting credit entry. Dangling debit occurs when a company purchases goodwill or services...

Large Value Transfer System (LVTS)

What is 'Large Value Transfer System - LVTS' An electronic wire payment system in Canada, facilitating the transfer of funds between large...

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