Glossary Of Accounting &Finance Terms-Alphabet D

[ D ]

Debenture

oa certificate issued under seal by a company acknowledging a debt.

Deferred liabilities

oa subdivision of long-term liabilities eg tax payable next year and not of a fund-raising nature such as debentures

Deferred taxation

ocorporation tax payable by a company in the longer term ie not within a year

Depreciation (amortisation)

oThe systematic allocation of the depreciable amount of an asset over its useful life.
oThe reduction in value of an asset due to obsolescence,wear and tear or the passing of time
[ In the case of an intangible asset,the term ‘amortisation’ is generally used instead of ‘depreciation’. The two terms have the same meaning. ]

Directors’ emoluments

opayments to directors for services in this capacity

Discounted cash flow

othe present value of future cash inflows and outflows

Dividends

oDistributions of profits to holders of equity investments in proportion to their holdings of a particular class of capital or
oprofits paid to shareholders expressed as a percentage of the nominal value of their shares

Dividend cover

oearnings per share divided by dividend per share,ie the number of times that earnings cover the declared dividend.

Dividend yield

orefer current yield

• Glossary Of Accounting &Finance Terms-Alphabet T
• Glossary Of Accounting&Finance Terms-Alphabet B
• Glossary of Accounting &Finance Terms-Alphabet C
• Glossary Of Accounting &Finance Terms-Alphabet P
• Glossary Of Accounting &Finance Terms-Alphabet E
• Glossary Of Accounting &Finance Terms-Alphabet R
• Glossary Of Accounting &Finance Terms-Alphabet N