What Is Double-Cycle Billing? Double-cycle billing is a method for calculating credit card interest in which the interest is applied to the average of the prior two months’ outstanding balance. The practice was banned by U.S. Congress in 2009 through the passage of the Credit CARD Act. Before this legislation was introduced, double-cycle billing was
What Is the Double-Declining Balance (DDB) Depreciation Method? The double-declining balance depreciation (DDB) method, also known as the reducing balance method, is one of two common methods a business uses to account for the expense of a long-lived asset. The double-declining balance depreciation method is an accelerated depreciation method that counts as an expense more
What Is Double Dipping? Double dipping is an unethical practice. It describes a broker that places commissioned products into a fee-based account to earn money from both sources. In this context, double dipping is rare and can lead to fines or suspensions from regulators for the offending broker or their firm. The practice is usually
What Is Double-Dip Recession? A double-dip recession refers to a recession followed by a short-lived recovery, followed by another recession. For whatever reason, after the initial recession has passed, the recovery stalls and the second round of recession sets in just as, or even before, the economy has fully recovered from the losses of the
What Is a Double Exponential Moving Average (DEMA)? The double exponential moving average (DEMA) is a technical indicator devised to reduce the lag in the results produced by a traditional moving average. Technical traders use it to lessen the amount of “noise” that can distort the movements on a price chart. Like any moving average
What Is Double Hedging? Double hedging is a trading strategy in which an investor hedges a cash market position using both a futures position and an options position. This is used when it is not effective or is impossible due to regulatory restraints to use just one derivatives market to complete a hedge. Key Takeaways
What Is the Double Irish With a Dutch Sandwich? The double Irish with a Dutch sandwich is a tax avoidance technique employed by certain large corporations, involving the use of a combination of Irish and Dutch subsidiary companies to shift profits to low or no-tax jurisdictions. The technique has made it possible for certain corporations
What Is a Double Net Lease? A double net lease (also known as a ‘net-net’ or ‘NN’ lease) is a lease agreement in which the tenant is responsible for both property taxes and premiums for insuring the building. Unlike a single net lease, which only requires the tenant to pay property taxes, a double net lease
What Is a Double Top? A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset’s price falls below a support level equal to the low between the two prior
What Is Double Top and Bottom? Double top and bottom patterns are chart patterns that occur when the underlying investment moves in a similar pattern to the letter “W” (double bottom) or “M” (double top). Double top and bottom analysis is used in technical analysis to explain movements in a security or other investment, and
