1-3 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Daily benefit: The daily maximum that a long-term care insurance policy will provide to cover specific costs.
Death benefit: The life insurance cash payout to beneficiaries when a policy holder dies.
Decreasing term insurance: This is a type of term life insurance where the death benefit amount decreases each year of the term.
Deductible: The agreed upon set amount that you pay before your insurance company covers any of the remaining damage.
Deduction: Any allowable expense that the government allows you to subtract from your gross income when determining your owed taxes. These expenses generally include mortgage interest, state and local taxes, some business losses, and donations.
Default: A failure to make payments as agreed upon in your contract. It may result in the loss of any personal property used as collateral to get the loan.
Dependent: A qualifying child or other relative other than your spouse who lives with you full-time whom you can claim on your taxes.
Depreciation: A decline in the value of an asset over time. Things such as cars, trucks, and boats lose value with time.
Direct deposit: The electronic transferring of all or part of a recurring payment. This might include a payroll check or a security.
Direct purchase plan (DPP): To purchase stock directly from the issuing company. This method eliminates the need for a broker.
Discount point: To pay down your mortgage interest rate on the loan at the time you take it out. This reduces the interest rate throughout the life of the loan.
Diversification: Dividing an investment between different asset classes in order to diminish the risk of changing market conditions on an investment portfolio.
Dividend: A payment the issuing company makes to shareholders when distributing a portion of its earnings.
Dollar cost averaging (DCA): Investing regular sums of money at regular time intervals.
Domestic fund: A mutual fund that invests in companies based in the U.S. only.
Down payment: The amount of money you pay in cash when purchasing a car, home, etc. Down payments, on average, range from 5% to 25%.