What Is De Novo Judicial Review? De novo judicial review describes a review of a lower court ruling by a federal appellate court. De novo judicial review is used in questions of how the law was applied or interpreted. It is a nondeferential standard of review, so it doesn’t place any weight on previous court
What Is the Dependency Ratio? The dependency ratio is a measure of the number of dependents aged zero to 14 and over the age of 65, compared with the total population aged 15 to 64. This demographic indicator gives insight into the number of people of non-working age, compared with the number of those of
What Is a Dependent? A dependent is a person who relies on someone else for financial support and can include children or other relatives. Having a dependent entitles a taxpayer to claim a dependency exemption on their tax return as long as the dependent meets the qualifying definition according to the Internal Revenue Service (IRS). A taxpayer
What is Depletion? Depletion is an accrual accounting technique used to allocate the cost of extracting natural resources such as timber, minerals, and oil from the earth. Like depreciation and amortization, depletion is a non-cash expense that lowers the cost value of an asset incrementally through scheduled charges to income. Where depletion differs is that it refers
A deposit is money held in a bank account or with another financial institution that requires a transfer from one party to another. A deposit can can also be the amount of money used as security or collateral for delivery of goods or services. Key Takeaways A deposit generally refers to money held in a
What Is a Deposit Broker? A deposit broker is an individual or firm that facilitates the placement of investors’ deposits with insured depository institutions. Deposit brokers offer investors an assortment of fixed-term investment products, many of which yield low-risk returns. An individual or firm may still be considered a deposit broker even if they do
What Is the Deposit Multiplier? The deposit multiplier is the maximum amount of money that a bank can create for each unit of money it holds in reserves. The deposit multiplier involves the percentage of the amount on deposit at the bank that can be loaned. That percentage normally is determined by the reserve requirement
What Is a Depositary Receipt (DR)? A depositary receipt (DR) is a negotiable certificate issued by a bank representing shares in a foreign company traded on a local stock exchange. The depositary receipt gives investors the opportunity to hold shares in the equity of foreign countries and gives them an alternative to trading on an
What Is the Deposit Insurance Fund? The Deposit Insurance Fund (DIF) is a private insurance provider devoted to ensuring the deposits of individuals covered by the Federal Deposit Insurance Corporation (FDIC). The money in the Deposit Insurance Fund (DIF) is set aside to pay back the money lost due to the failure of a financial institution. The
What Is a Deposit Interest Rate? The deposit interest rate is paid by financial institutions to deposit account holders. Deposit accounts include certificates of deposit (CD), savings accounts, and self-directed deposit retirement accounts. It is similar to a “depo rate,” which can refer to interest paid on the interbank market. Key Takeaways The deposit interest
