Deferred Futures

Deferred Futures Refer: step-up bond, payment-in-kind bond. Furthest months encompassed by a futures contract. Bonds selling at discount without any interest payment for the first 3 to 7 years. … [Read more...]

Deferred Nominal Life Annuity

Deferred Nominal Life Annuity Fixed payment in dollars made every month starting retirement age. Considered nominal as the dollar amount is fixed at any specific time until post retirement period begins. … [Read more...]

Deferred Revenue

Deferred Revenue Liability account wherein deposits and cash receipts are collected before the sale is completed. … [Read more...]

Deferred Taxes

Deferred Taxes Expense that is a source of free flow of cash but is not an actual cash expenditure. Allocation of funds to cover unpaid taxes. … [Read more...]

Deficit

Deficit The amount by which liabilities exceed assets, expenditure exceeds income and losses exceed profits. … [Read more...]

Defined Benefit Plan

Defined Benefit Plan Refer: defined contribution plan. Pension plans where the sponsors undertake to make predetermined dollar pay outs to employees who qualify. These payments are considered the employer’s debt obligations. … [Read more...]

Defined Contribution Plan

Defined Contribution Plan Refer: defined benefit plan. Pension plans wherein the sponsors are only required to make predetermined contributions for qualifying participants into the plan. … [Read more...]

Delayed Issuance Pool

Delayed Issuance Pool Represents Mortgage Backed Securities that are backed by seasoned loans as collateral. These loans were given earlier than the MBS pool issue. … [Read more...]

Deliverable Instrument

Deliverable Instrument Actual commodity or financial instrument that will change hands at a future date at a predetermined price under the terms of a futures contract. … [Read more...]

Delivery

Delivery Actions pertaining to futures contract settlement including receipt/ tender of the financial instrument or commodity underlying the contract. … [Read more...]

Delivery Date

Delivery Date - The last date before when an underlying commodity in a futures contract is required to be delivered. - Maturity date given in a currency forward contract. … [Read more...]

Delivery Notice

Delivery Notice Refer: notice day. Intention issued by seller in writing, of making delivery against a short futures position that is open at a specific time. … [Read more...]

Delivery Points

Delivery Points Points at which a commodity or financial instrument addressed by a futures contract is delivered in accordance with the terms of contract. These points are determined by futures exchanges. … [Read more...]

Delivery Price

Delivery Price A clearing house established price that is used for invoicing futures deliveries. This price is also the one at which a futures contract will be settled at the time of delivery. … [Read more...]

Delivery Versus Payment

Delivery Versus Payment Transactions wherein payments made for securities by buyers are due when the securities are delivered. Generally the payment is made to a financial institution/ bank by means of direct account credit, wire transfer or check. … [Read more...]

Delphi Method

Delphi Method Tool used in projections that is based on analysis of the answers to questionnaires filled in by a group of experts. Many rounds of questionnaires may be sent out and the different results aggregated. … [Read more...]

Delta

Delta Alternatively termed hedge ratio. Refers to change in call option price compared with underlying stock price expressed as a ratio. … [Read more...]

Delta Hedge

Delta Hedge Strategy to hedge dynamically rather than passively, using options. The options are adjusted constantly in number, based on a function of the option’s delta. … [Read more...]

Delta Neutral

Delta Neutral Denotes the portfolio value unaffected by fluctuations in the asset value wherein options are written on this asset. … [Read more...]

Demand Deposits

Demand Deposits Zero interest checking accounts wherein, on demand, funds can be withdrawn. … [Read more...]