| Daily price limit |
A level in which futures, commodities and options markets are allowed to rise and fall within in a day, usually is imposed by the exchanges on each contract. |
| Day Change |
The difference between a stock’s current price and its price as of market close on the prior trading day. |
| Day High |
The highest price for a stock for that trading day. |
| Day Low |
The lowest price for a stock for that trading day. |
| Day Range |
The highest and lowest prices reached during the course of the day. |
| Debentures |
A fixed interest security which has a maturity date and a specified rate of interest. |
| Debt to Equity Ratio (D/E) |
Ratio of total liabilities to total shareholders’ equity. |
| Debt-to-Capital Ratio (D/C) |
Measures the proportion of interest-bearing debt to the sum of interest-bearing debt and shareholders’ equity. |
| Defensive Stock |
Stock which is expected to be less volatile than the overall market. |
| Deferred Coupon Bond |
Bonds that the interest payment are deferred for a specific number of years. |
| Deflation |
When there is a decline in prices of goods and services, an exact opposite to inflation. |
| Delisting |
Removal of a company’s security from being listed on an exchange because specific regulations has not been abided. |
| Delta |
Ratio that compares the change in the price of an asset, usually a marketable security, to the corresponding change in the price of its derivative. |
| Depreciation |
A decline in the value of assets over time. |
| Derivative |
An asset that derives value from another source such as stock, bond, commodities or market index. |
| Diluted EPS |
Profitability calculation that measures the amount of income each share will receive if all of the dilutive securities are realized. |
| Direct Investment |
Buying stock directly from the company eliminates brokerage fees. |
| Disbursement |
The act of paying out or disbursing money. |
| Disclosure of Ownership |
If an analyst mentions a stock he or she owns, we disclose that fact at the bottom of any editorial piece that mentions the security. |
| Discount Brokerage |
A stockbroker who carries out buy and sell orders at a reduced commission rate. |
| Discount Rate |
Rate of interest used to convert a cash amount occurring in the future into a present value. |
| Dispostion |
Getting rid of an asset or security through a direct sale or some other method. |
| Diversification |
The practice of spreading out investmets across different securities, sectors and asset classes in order to reduce risk. |
| Dividend |
A reward from the company’s net profit allocated to the shareholders usually in cash payments, stock shares or other property. |
| Dividend Payable |
The dividend that is declared by a company and which they are obligated to pay. |
| Dividend Payout Ratio (DPR) |
The dividend payout ratio is the ratio of the total amount of dividends paid out to shareholders relative to the net income of the company. |
| Dividend Rate |
A fixed or floating rate paid for preferred stocks based on the par value. |
| Dividend Yield |
The ratio of the company’s annual dividend to its share price and expressed in percentage. |
| Double Entry |
An accounting system in which each transaction is recorded as both a credit and a debit, an asset and a liability. |
| Dow Jones Industrial Average (Dow) |
Most common used performance indicator of stock market, build on prices of 30 blue chip stocks that are actively traded. |
| DPS (Dividend per Share) |
Total declared dividends that a company issued divided by the number of outstanding ordinary shares. |
