An account used to advance deposits and payments before the sale is complete.
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DEFERRED SENTENCE
the term that is given to a delayed sentence.
DEFERRED STOCK
See STOCK.
DEFERRED STRIKE OPTION
An OVERTHECOUNTER COMPLEX OPTION with a STRIKE PRICE that is set at a future time period , often as a specific function of the SPOT value of the UNDERLYING market […]
DEFERRED TAX ASSET
When an asset is used to reduce taxes owed. It is done when the compay can afford their operating costs for the next period.
DEFERRED TAX LIABILITY
Taxes that must be paid but not in the current accounting period . It is paid in a future year.
DEFERRED VESTING
Vesting when rights are gotten once they have done certain things. Refer to vesting.
DEFERRED WAGE INCREASE
Collective bargaining plan to get more pay and and still saving money until the raise occurs. It can also assert that the raise was won.
DEFIANCE OF THE LAW
This term is used when a person refuse to obey an order from the court, shows contempt toward a court or an official of the court.
DEFICIENCY
A lack, shortage, or insufficiency . The difference between the totalamount of the debt or payment meant to be secured by a mortgage and that realizedon foreclosure and sale when […]
DEFICIENCY AGREEMENT
When a project sponsor makes up for short fall caused by insufficient working capital or cash inflows. AKA make up arrangement .
DEFICIENCY ASSESSMENT
the term given when a person needs to pay extra tax on his income as the result of an audit.
DEFICIENCY BALANCE
The amount left after the sale of foreclosed property. It cannot pay the full loan off. That is why the parties home is taken as shortfall for this event.
DEFICIENCY BILL
In parliamentary practice, an appropriation bill covering items of expenseomitted from the general appropriation bill or bills, or for which insufficientappropriations were made. If intended to cover a variety of […]
DEFICIENCY JUDGMENT
A court order that lets a lender sell property promised by guaranty in case the balance is deficient.
DEFICIENCY LETTER
1. an notice stating omisssions in official document to get rectification . 2. a letter sent to notify that a shortfall has occured and demand restitution .
DEFICIENCY ON FORECLOSURE
This term is given to any money that is still owing after a mortgage is foreclosed.
DEFICIENCY PAYMENT
When the government compensates farmers for all or part of price differences of the commodity.
DEFICIENCY PERFORMANCE
When a party cannot do the tasks to meet requirements .
DEFICIENCY RESERVE
A reserve. If premium is not charged on insureds is less than net premium . It is shown on the balance sheet .
DEFICIENT FILING
Documents about a case and filed with the court. The are incomplete but have no fees.
DEFICIENTE NNO SANGUINE NON POTEST ESSE HSERES
One blood being wanting, he cannot be heir. But see 3 & 4 Wm. IV. c. 100,
DEFICIT
Something wanting, generally in the accounts of one intrusted withmoney, or in the money received by him. Mutual L. & B. Ass’n v. Price, 19 Fla. 135.
DEFICIT CARRIED FORWARD
A debit balance that is transferred from one accounting period to the subsequent one.
DEFICIT FINANCING
1. a planned expenditure the government has to put more money without taxing. It is supposed to incrase business activity and additional revenue for shortfall. AKA defecit spending. 2. Financing […]