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BUSINESS LAW GLOSSARY |
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Glossary of Business
Law Terms
A
B C
D E
F G
H I
J K L
M N
O P
Q R S
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W X Y Z #
Click on
the first letter of the word from the list above to go to
the appropriate section of the glossary. Contact us if you would like a personal injury law glossary or
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D.B.A.: Short for "doing business
as," when a person or entity uses a business name instead of his/her/its
own.
Damages: The sum of money awarded to the
injured party in a personal injury lawsuit.
Deadlock: The circumstance that arises
when either the board of directors or shareholders are evenly split on a vote
and cannot take action. Deadlock can lead to judicial resolution of the
underlying dispute.
Dealer: Anyone who buys goods or property
for the purpose of selling as a business.
Debenture: A form of bond certificate
issued by a corporation to show funds invested, repayment of which is guaranteed
by the overall capital value of the company under certain specific terms. Thus,
it is more secure than shares of stock or general bonds.
Debt Financing: A method of financing
where the company receives a loan and gives its promise to repay the loan.
Default Judgment: A judgment issued when
the defendant offers no defense by not responding to the complaint. A judge may
issue a judgment without the necessity of a trial.
Defendant: The person against whom a claim
is brought.
Deponent: The person who testifies at a
deposition.
Deposition: A pretrial discovery device in
which one party verbally answers questions from the other party.
Dilution: The effect of reducing an
existing shareholder's interest in a corporation when new shares are issued.
Director: A member of the governing board
of a corporation or association elected or re-elected at annual meetings of the
shareholders or members. As a group the directors are responsible for the policy
making,
Discovery: Methods and procedures by which
information is made available to each party prior to trial. Discovery may
include depositions, interrogations, requests for production of documents, and
demands for independent medical examinations.
Dissolution of Corporation: Termination of
a corporation
Dissolution: The process of shutting down
a corporation, settling its affairs, and ending its life.
Distribution: A transfer of profits or
property by a corporation to its shareholders.
Dividend: A share of profits issued to the
holders of shares in a corporation. Dividends can be paid in shares of stock or
other property such as shares in a subsidiary or parent company.
Dividend Priority: Special rights enjoyed
by holders of a secondary class of stock that entitle holders to receive
dividends before other shareholders.
Docket: A summary system kept by the
clerk's office which contains a record of all pleadings, court orders and other
important activities in a case.
Doing Business As (DBA): A company whose
operating name differs from its legal name is said to be "doing business
as" the operating name. Some states require DBA or "fictitious
business name" filings to be made for the protection of consumers
conducting business with the entity.
Doing Business: Carrying on the normal
activities of a corporation on a regular basis or with substantial contacts-not
just an occasional shipment.
Domestic Corporation: In general, a
corporation whose articles of incorporation are filed in the state in which it
operates and maintains its principal office.
Dram Shop Rule: A statute (Dram Shop Act)
or case law in 38 states which makes a business which sells alcoholic drinks or
a host who serves liquor to a drinker who is obviously intoxicated or close to
it, a crime.
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information contained within this personal injury site is of a general nature
and is not meant to be a restatement of any rules of law. Your
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Injury Law
Glossary.
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