What Is a Due From Account? A due from account is an asset account in the general ledger used to track money owed to a company that is currently being held at another firm. It is typically used in conjunction with a due to account and is sometimes referred to as intercompany receivables. Key Takeaways
What Is Due Process? Due process is a requirement that legal matters be resolved according to established rules and principles, and that individuals be treated fairly. Due process applies to both civil and criminal matters. In countries with developed legal systems, individuals expect that the rights enshrined in their constitutions will be applied to them
What Is a Dummy Shareholder? A dummy shareholder is an entity that holds shares in a public company on behalf of an individual or firm, the latter being the real or true owner of these shares. A dummy shareholder will, therefore, have no beneficial interest in the account where these shares are being held. Decisions
What Is Dumping? Dumping is a term used in the context of international trade. It’s when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter’s domestic market. Because dumping typically involves substantial export volumes of a product, it often endangers the financial viability of the product’s manufacturer
Dunning is a 17th-century term describing the process of business owners communicating with customers in an effort to collect money owed for goods or services provided. This collection process involves escalating degrees of intensity, typically involving the following iterative steps: Phone calls made to customers, gently reminding them of payments dueFormal letters requesting paymentIn-person visits
What Are Durable Goods Orders? Durable goods orders is a broad-based monthly survey conducted by the U.S. Census Bureau that measures current industrial activity and is used as an economic indicator by investors. Key Takeaways Durable goods orders is a broad-based monthly survey conducted by the U.S. Census Bureau that measures current industrial activity and
What Are Consumer Durables? Consumer durables, also known as durable goods, are a category of consumer goods that do not wear out quickly and therefore do not have to be purchased frequently. They are a part of core retail sales data and considered durable because they last for at least three years, as defined by
What Is Duration? Duration can measure how long it takes, in years, for an investor to be repaid a bond’s price by the bond’s total cash flows. Duration can also measure the sensitivity of a bond’s or fixed income portfolio’s price to changes in interest rates. A bond’s duration is easily confused with its term
What Is a Dragonfly Doji Candlestick? A Dragonfly Doji is a type of candlestick pattern that can signal a potential reversal in price to the downside or upside, depending on past price action. It’s formed when the asset’s high, open, and close prices are the same. The long lower shadow suggests that there was aggressive
What Are Dram Shop Laws? Dram shop laws hold a business liable for serving or selling alcohol to minors or intoxicated persons who later cause death, injury, or property damage to another person. These laws were first introduced in the 18th century during the temperance movements that ultimately led to the prohibition of alcohol in
