What Is Dollar-Value LIFO? Dollar-value LIFO is an accounting method used for inventory that follows the last-in-first-out model. Dollar-value LIFO uses this approach with all figures in dollar amounts, rather than in inventory units. It provides a different view of the balance sheet than other accounting methods such as first-in-first-out (FIFO). In an inflationary environment
What Is a Domestic Box Office Receipt (DBOR) Futures Contract? A Domestic Box Office Receipt (DBOR) futures contract is a type of derivative product whose value is based on the future box office revenues generated from an upcoming movie. These products were briefly authorized in the United States in June 2010 but were banned shortly
What Is a Domicile? Your domicile is the place where you maintain a permanent home. Your country of domicile means the country you permanently reside in. Your intent to remain in this place indefinitely makes it your domicile and makes you the place’s domiciliary. In essence, it is how you define your domicile. And your
What Is the MSCI KLD 400 Social Index? The MSCI KLD 400 Social Index is a market capitalization-weighted stock index focusing on companies that maintain high environmental, social, and governance (ESG) standards. Founded in 1990, it was previously known as the Domini 400 Social Index and was named after Amy Domini, one of the founders
Central America Free Trade Area-Dominican Republic (CAFTA-DR): Overview The Central America Free Trade Area-Dominican Republic (CAFTA-DR) is a treaty that abolishes tariffs and encourages trade between the U.S. and a number of Central American nations including Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua. The Dominican Republic, a Caribbean island nation, was added to the deal later.
What Is a Donee Beneficiary? A donee beneficiary receives the benefit of a contract between two other parties as a gift from one of the parties to the contract. While donee beneficiaries stand to benefit from the fulfillment of a contract, they are not technically party to the contract. Who Is a Donee Beneficiary? The
WHAT IS Vietnamese Dong The Vietnamese dong (VND) is the current currency of Vietnam and replaced the use of the hao in 1978. Each hao, or hào, equaled one-tenth of a Vietnamese dông and was further divided into ten xus. Neither of which are in use in Vietnam. The Vietnam National Bank issued and circulated the hao and the
What Is a Donor-Advised Fund? A donor-advised fund is a private fund administered by a third party and created for the purpose of managing charitable donations on behalf of an organization, a family, or an individual. Key Takeaway Donor-advised funds are private funds for philanthropy.Donor-advised funds aggregate contributions from multiple donors and aim to democratize
What is a Doomsday Call? A doomsday call is a provision which allows the issuer to hedge against interest rate risk by redeeming the bond (paying back the principal and accrued interest) prior to maturity. Key Takeaways A doomsday call is a provision which allows the issuer to hedge against interest rate risk by redeeming the bond
What Is a Doorbuster? A doorbuster is a marketing and sales strategy retailers use to get a high volume of customers into their stores during opening hours. During a doorbuster sale, a particular item or a selection of items is offered at a special discount price for a limited time. The aim is to get
