Tooltip Categories: Economics & Finance

department store

A retail establishment which satisfies a wide range of durable goods and products to the consumer’s personal and residential needs. (source: http://en.wikipedia.org/wiki/Department_store)

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defendant

The defendant in a lawsuit is the person against whom the action is brought, by the plaintiff. The defendant does not have to prove his

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deferred payment

A debt which has been incurred and will be paid back at some point in the future. (source: http://www.investorwords.com/1365/deferred_payment.html#ixzz2Sd9pWWcD)

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defray

To provide money to pay costs. (source: http://www.investorwords.com/9421/defray.html)

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delay

The act of delaying; procrastination; loitering. (source: http://dictionary.reference.com/browse/delay)

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default risk

The event in which companies or individuals will be unable to make the required payments on their debt obligations. (source: http://www.investopedia.com/terms/d/defaultrisk.asp)

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defaulting debtor

Natural or legal person that has not met his or her legal obligations according to the debt contract, e.g. has not made a scheduled payment,

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defraud

To take something illegally from a person, company, etc., or to prevent someone from having something that is legally theirs by deceiving them.

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deed

A legal document that is signed and delivered, especially one regarding the ownership of property or legal rights. (source: http://www.oxforddictionaries.com/definition/english/deed)

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