PERSONAL FINANCE GLOSSARY

Daily simple interest

Day High

Day Low

Death Benefit

Debenture

Debt-To-Income Ratio

Decreasing Term Insurance

Deed

Default

Deferred Annuity

Defined Benefit Plan

Defined Contribution Plan

Depreciation

Derivatives

Devaluation

Diluted Earnings

Disability Income Rider

Discount Rate

Distribution

Diversification

Dividend

Dividend Yield Ration

Document Preparation

Dollar Cost Averaging

Donor

Double Indemnity

Dow Jones Industrial Average

Down Market Performance

Down Payment

Duration

A measure of a bond price's sensitivity to a 100-basis point change in interest rates. A duration of 8 would mean that, given a 100-basis point change up/down in rates, a bond's price would move up/down by 8%.

† ©CBS MarketWatch