Dictionary of Banking

Grow your financial confidence using our comprehensive Dictionary of Banking including selected financial terms and definitions.

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Showing 1-10 results for: D

D

Abbreviation for: documents against acceptance

DAX

Abbreviation for: Deutscher Aktien Index

Defeased security

Securities that have been secured by another asset, such as cash or a cash equivalent, by the debt-issuing firm. Firms that have created defeased securities, which are typically bonds, will have sufficient cash set aside for retirement of the debt upon maturity. Commonly, defeased securities are retractable.

Deutscher Aktienindex

Abbr.: DAX. Stock index, which measures the performance of the 30 largest German companies in terms of order book turnover and market capitalization.

Dividend Discount Model

Model for calculating the current value of a share which consists in discounting future dividends anticipated.

Double Eagle

US 20 dollar gold coin bearing the image of an eagle.

D

Abbreviation for: documents against acceptance

DAX

Abbreviation for: Deutscher Aktien Index

Defeased security

Securities that have been secured by another asset, such as cash or a cash equivalent, by the debt-issuing firm. Firms that have created defeased securities, which are typically bonds, will have sufficient cash set aside for retirement of the debt upon maturity. Commonly, defeased securities are retractable.

Deutscher Aktienindex

Abbr.: DAX. Stock index, which measures the performance of the 30 largest German companies in terms of order book turnover and market capitalization.

Dividend Discount Model

Model for calculating the current value of a share which consists in discounting future dividends anticipated.

Double Eagle

US 20 dollar gold coin bearing the image of an eagle.