What Is Difference in Conditions (DIC) Insurance? Difference in conditions (DIC) insurance is a type of policy that provides expanded coverage for some perils not covered by standard insurance policies. DIC insurance is designed to fill in gaps in insurance coverage and is most frequently used by larger organizations, looking for protection from catastrophic perils. Key Takeaways DIC
What Is a Differential? A differential is the degree of adjustment to the value or grade of physical deliverables, or to their location, as permitted by a futures contract. While not true for all, some futures contracts permit differentials, also known as an allowance. Such futures contracts permit the short position to make adjustments to
What Was the Difficulty Bomb? Ethereum launched using the proof-of-work consensus mechanism, an algorithm that uses large amounts of energy and computational power. This mechanism encourages mining and thus reward-focused centralized mining farms. However, this centralization goes against the original decentralization tenet behind cryptocurrency. Ethereum’s “difficulty bomb” referred to the intentional and sudden increase in
What Is DigiCash? Founded by electronic currency pioneer David Chaum in 1989, DigiCash was one of the earliest electronic money companies. Digicash is both the name of the currency David Chaum developed and the company that administered it. Chaum developed a number of cryptographic protocols that governed DigiCash transactions and set his currency apart from
What Is a Digital Asset? A digital asset is generally anything that is created and stored digitally, is identifiable and discoverable, and has or provides value. Digital assets have become more popular and valuable as technological advances become integrated into our personal and professional lives. Data, images, video, written content, and more have long been
What is a Digital Gold Currency (DGC)? A digital gold currency (DGC) is an electronic form of money which is backed by gold reserves held in vaults by private agencies. The holders of any particular DGC can pay one another in gold, or currency units representative of gold held in physical form by the issuing company.
What Is Digital Marketing? The term digital marketing refers to the use of digital channels to market products and services in order to reach consumers. This type of marketing involves the use of websites, mobile devices, social media, search engines, and other similar channels. Digital marketing became popular with the advent of the internet in
What Is Digital Transaction Management (DTM)? Digital Transaction Management (DTM) is a cloud computing service that allows users to digitally manage document-based transactions. DTM services aim to speed up the signing of business agreements and contracts by digitizing the process in a way that is fast, accurate and secure. In addition to faster execution, other
What Is a Digital Wallet? A digital wallet (or electronic wallet) is a financial transaction application that runs on mobile devices. It securely stores your payment information and passwords. These applications allow you to pay when you’re shopping using your device so that you don’t need to carry your cards around. You enter and store
What Is Diluted EPS? Diluted EPS is a measurement used to gauge the quality of a company’s earnings per share (EPS) if all convertible securities were exercised. The diluted EPS is commonly lower than the simple or basic EPS. Convertible securities are outstanding convertible preferred shares, convertible debentures, stock options, and warrants. Key Takeaways Diluted
