What Is a Deal Slip? A deal slip is a record of the details of foreign exchange (FX) transactions and is the primary way for forex brokers to maintain accurate records. Depending on the regulations in the jurisdiction of record, retention of each deal slip must be kept for a specific period of time. While used in foreign
What Is De-Anonymization? De-anonymization is a technique used in data mining that attempts to re-identify encrypted or obscured information. De-anonymization, also referred to as data re-identification, cross-references anonymized information with other available data in order to identify a person, group, or transaction. Key Takeaways De-anonymization is the practice of re-constituting the private information stored in encrypted or otherwise
What Is a Death Benefit? A death benefit is a payout to the beneficiary of a life insurance policy, annuity, or pension when the insured or annuitant dies. For life insurance policies, death benefits are not subject to income tax and named beneficiaries ordinarily receive the death benefit as a lump-sum payment. The policyholder can structure
What Is a Death Cross? The “death cross” is a market chart pattern reflecting recent price weakness. It refers to the drop of a short-term moving average—meaning the average of recent closing prices for a stock, stock index, commodity or cryptocurrency over a set period of time—below a longer-term moving average. The most closely watched
What Is Death Spiral Debt? Death spiral debt describes a type of convertible bond that forces the creation of an ever-increasing number of shares, inevitably leading to a steep drop in the price of shares. In general, convertible debt is a bond that yields interest but also can be converted to a number of stock
What Are Death Taxes? Death taxes are taxes imposed by the federal and some state governments on someone’s estate upon their death. These taxes are levied on the beneficiary who receives the property in the deceased’s will or the estate which pays the tax before transferring the inherited property. Death taxes are also called death
What Is Debasement? Debasement refers to lowering the value of a currency. It is primarily associated with coins made from precious metals, such as gold and silver. A currency is debased when the coins are made with a mix of precious metals and base metals as opposed to purely precious metals. The more base metals
What Is a Debenture? A debenture is a type of bond or other debt instrument that is unsecured by collateral. Since debentures have no collateral backing, they must rely on the creditworthiness and reputation of the issuer for support. Both corporations and governments frequently issue debentures to raise capital or funds. Key Takeaways A debenture
A debit is an accounting entry that results in either an increase in assets or a decrease in liabilities on a company’s balance sheet. In fundamental accounting, debits are balanced by credits, which operate in the exact opposite direction. For instance, if a firm takes out a loan to purchase equipment, it would simultaneously debit
What Is a Debit Balance? The debit balance in a margin account is the total amount of money owed by the customer to a broker or other lender for funds borrowed to purchase securities. The debit balance is the amount of cash the customer must have in the account following the execution of a security
