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

An employer-sponsored retirement program that is funded by the employer and in which the participant receives a fixed amount of money each year in retirement. The precise amount of this pension is based on salary and length of time on the job. This contrasts with a defined contribution plan, in which the level of income available in retirement will depend on employee contributions investment performance.