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Corporate & Institutional Glossary

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D
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
Current TermDirect 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
Direct Deposit Of Payroll
Enables companies to deposit employee salary, bonus, or expense reimbursement into employee's accounts using the ACH. Companies who might be interested in direct deposit typically have:
  • Fifty or more employees
  • A consistent payee base
  • Geographically-scattered payees
  • Regularly scheduled recurring payments
  • Large sales force or retiree population

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