CORPORATE & INSTITUTIONAL GLOSSARY

Date Draft

Date Of Assignment

Dealer

Deferral

Deferred Payment Credit

Delivery Date

Delta (Hedge Ratio)

Demand Draft

Demurrage

Depreciation

Destination Control Statement

Devaluation Of Currency

Direct Deeding

Direct Deposit Of Payroll

Direct Deposit Organization

Direct Exporting

Discount

Dishonor

Dividend Disbursing Agent

Dock Receipt

Documentary Credit

Documentary Draft

Documents

Documents Against Acceptance (D/A)

Documents Against Payment (P/A)

Draft

Drawback

Drawee

Dry Lease

Dumping

Duplicate Security

Duty

A net lease. This term traditionally is used in aircraft and marine leasing to describe a lease agreement that provides financing only and, therefore, requires the lessee to separately procure personnel, fuel and provisions necessary to operate the craft.