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Glossary Of Small Business Terms
# 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

D

DATA ELEMENT – The basic unit of identifiable and definable information. A data element occupies the space provided by fields in a record or blocks on a form. It has an identifying name and value or values for expressing a specific fact. For example, a data element named "Color of Eyes" could have recorded values of "Blue (a name)," "Bl (an abbreviation)," "06 (a code)." similarly, a data element named "Age of Employee" could have a recorded value of "28" (a numeric value).

DATA UNIVERSAL NUMBERING SYSTEM (DUNS) – D&B’s Data Universal Numbering System, the D&B D-U-N-S Number, has become the standard for keeping track of the world’s businesses. The D&B D-U-N-S Number is D&B’s distinctive nine-digit identification sequence, which identifies information products and services originating exclusively through D&B. The D&B D-U-N-S Number is an internationally recognized common company identifier in EDI and global electronic commerce transactions. The world’s most influential standards-setting organizations, more than 50 global, industry and trade associations, and the U.S. Federal Government recognize, recommend and/or require the D&B D-U-N-S Number.

DEBENTURE – Debt instrument evidencing the holder’s right to receive interest and principal installments from the named obligor. Applies to all forms of unsecured, long-term debt evidenced by a certificate of debt.

DEBT CAPITAL – Business financing that normally requires periodic interest payments and repayment of the principal within a specified time.

DEBT FINANCING – The provision of long term loans to small business concerns in exchange for debt securities or a note.

DEBT TO TOTAL ASSETS RATIO – Total debt divided by total assets.

DEED OF TRUST – A document under seal which, when delivered, transfers a present interest in property. May be held as collateral.

DEFAULTS – The nonpayment of principal and/or interest on the due date as provided by the terms and conditions of the note.

DEFENSE ACQUISITION REGULATORY COUNCIL (DARC) – A group composed of representatives from each Military department, the Defense Logistics Agency, and the National Aeronautics and Space Administration and that is in charge of the Federal Acquisition Regulation (FAR) on a joint basis with the Civilian Agency Acquisition Council (CAAC).

DEFENSE CONTRACTOR – Any person who enters into a contract with the United States for the production of material or for the performance of services for the national defense.

DEFENSE LOAN AND TECNICAL ASSISTANCE PROGRAM (DELTA) – A joint effort of the United States Small Business Administration and the Department of Defense to provide financial and technical assistance to defense-dependent small businesses adversely affected by defense reductions.

DEFERRED LOAN – Loans whose principal and or interest installments are postponed for a specified period of time.

DELTA – See Defense Loan and Technical Assistance Program.

DELTA LOAN – See Defense Loan and Technical Assistance Program.

DEPRECIATION SCHEDULE – An accounting procedure for determining the amount of value left in a piece of equipment.

DISABLED – The "disabled" are individuals whose physical or mental abilities prevent them from fully participating in normal activities and/or functions of living. The intended beneficiaries of The Americans with Disabilities Act (ADA). ADA gives federal civil rights protections to individuals with disabilities similar to those provided to individuals on the basis of race, color, sex, national origin, age, and religion. It guarantees equal opportunity for individuals with disabilities in public accommodations, employment, transportation, State and local government services, and telecommunications.

DISASTER – A disaster is a natural or human-caused occurrence causing vast destruction and distress.

DISASTER AREA LOCATIONS – Who to contact in the event of a declared disaster regarding small business.

DISBURSEMENT – The actual payout to borrower of loan funds, in whole or part. It may be concurrent with the closing, or follow it.

DISBURSING OFFICER – An employee authorized to pay out cash or issue checks in settlement of vouchers approved by a certifying officer.

DISCLAIMER – A statement regarding the responsibility and liability for website content and certain presenters, contractors, speakeres, etc.

DISCOUNT INTEREST RATE – One in which the amount of interest is deducted from the face value of the loan with the borrower receiving the remainder.

DIVESTITURE – Change of ownership and/or control of a business from a majority (non-disadvantaged) to disadvantaged persons.

DOT SBA/DOT Certification Reciprocity for Disadvantaged Businesses – The U.S. Small Business Administration (SBA) and the U.S. Department of Transportation (DOT) signed a memorandum of understanding that "reciprocally" streamlines the certification process for current and future 8(a) Business Development, Small Disadvantaged Business (SDB), and Disadvantaged Business Enterprise (DBE) program participants on Tuesday, November 23, 1999. In effect, this process will allow each agency to recognize the program certification of the other without duplicating paperwork. This will reduce the burden on applicants. The agreement creates the start of a uniform application process for small disadvantaged business certification, reinventing the way the government does business with SDBs.

DUNS (Data Universal Numbering System) – Your business assigned Dun & Bradstreet number.

D-U-N-S Number – The standard for keeping track of the world’s businesses. The D&B D-U-N-S Number is D&B’s distinctive nine-digit identification sequence, which identifies information products and services originating exclusively through D&B. The D&B D-U-N-S Number is an internationally recognized common company identifier in EDI and global electronic commerce transactions. The world’s most influential standards-setting organizations, more than 50 global, industry and trade associations, and the U.S. Federal Government recognize, recommend and/or require the D&B D-U-N-S Number.

 


 

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