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  • divisional budget

    The budget prepared by the division of a company. The budget contains requested funds for both new and ongoing projects and activities for the upcoming budget period.

    Accounting; General accounting
  • division income

    The income generated for a company by the operations of one of its smaller components or divisions. For example, a large technology company might be comprised of divisions that bring in income from different sources, such as aircraft engines, computers and manufacturing equipment.

    Accounting; General accounting
  • dividends in arrears

    This applies to preferred stockholders. The amount of dividends is given not on a time schedule but another determined date.

    Accounting; General accounting
  • dividends declared

    When a company has issued a dividend payment but the payment has not been sent to investors.

    Accounting; General accounting
  • dividend valuation model

    Mathematical formula used generally by stockbrokers to put a price on a firm's shares, based on the firm's potential dividend level. See also dividend discount model.

    Accounting; General accounting
  • discount on notes receivable

    This is a transaction that reflects the amount taken from the principal of a note before the note becomes due. This involves a debit and a credit entry.

    Accounting; General accounting
  • discount on bonds payable

    The amount used as a reduction on a bond that is considered to offset a debit and a credit entry. One account receives more whereas the other account receives less.

    Accounting; General accounting
  • discount for lack of marketability

    Fixed amount or percentage deducted from the selling price of a block of shares because they cannot be easily resold.

    Accounting; General accounting
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