Browsing Debt Glossary by D

"D" ordered outline of commonly known financial term definitions you have possibly encountered through personal finance management or noticed in this directory, with a detailed meaning via a single term link click.

  • Debit Card – A debit card is a small plastic card issued to individuals to access their checking or savings account; it…
  • Debt – Debt is simply an amount of money owed to a creditor. In most cases, debt is established through a legal…
  • Debt Collection – Debt collection refers to any of a variety of legal means used by creditors to recoup monies loaned…
  • Debt Consolidation – Debt consolidation refers to a variety of methods used to take multiple debts and combine…
  • Debt Consolidation Firm – A debt consolidation firm specializes in assisting clients perform debt consolidation…
  • Debt Consolidation Help – You’re swamped in bills and the tedium of writing two dozen checks every month is not…
  • Debt Consolidation Loan – A debt consolidation loan is a large loan typically issued by a bank to a debtor for the…
  • Debt Consolidation Mortgage – Individuals with numerous small debts may experience difficulty in managing the…
  • Debt Consolidation Plan – A debt consolidation plan is nothing more than a roadmap to becoming debt free. In its…
  • Debt Consolidation Program – A debt consolidation program is nothing more than a formalized debt consolidation…
  • Debt Consolidation Quote – A debt consolidation quote is a statement of terms and costs obtained from a financial…
  • Debt Consolidation Services – Most financial institutions and most credit counseling organizations offer debt…
  • Debt Counseling – If you find yourself spending more time fretting about paying an endless stream of bills than…
  • Debt Deflation – Debt deflation describes the process of a debt’s collateral asset losing value more rapidly than the…
  • Debt Elimination – Debt elimination is the process of getting rid of debt. It should be the chief financial goal of every…
  • Debt Free – Living debt free is a financial strategy that involves conscious decisions and directed effort. Being debt…
  • Debt Help – Most Americans carry a large amount of debt, even though this habit is destructive to personal finances…
  • Debt Loans – Debt loans are loans issued to an individual with the express purpose of paying off a debt. Although…
  • Debt Management – Debt management is any proactive management strategy focused on eliminating debt. Debt…
  • Debt Management Plan (DMP) – A debt management plan is a method of combining credit counseling, debt…
  • Debt Problem – If you habitually spend more than you make, you’ve got a debt problem. In fact, if you’re spending…
  • Debt Reduction – Debt reduction is any process which decreases a person’s debt burden. Debt reduction is always…
  • Debt Refinancing – Debt refinancing is the process of moving debt from one account or creditor to another account…
  • Debt Relief – In the world of personal finances, debt relief is any process or program that reduces or eliminates debt…
  • Debt Service – Debt service is a fancy term for a payment. If you’ve just sent the credit card company a check, you’ve…
  • Debt Settlement – Debt settlement is an approach to debt reduction which is also known as debt arbitration or debt…
  • Debt Solution – Debt solution is a generic term referring to any methodology intended to assist an individual get out…
  • Debtor – A debtor is one who owes a debt. In the United States, debt is frequently incurred through the use of credit…
  • Debt-to-income Ratio (DTI) – In personal finances, the debt-to-income ratio describes the amount of debt relative to…
  • Default – To default on a financial agreement is to fail to comply with the terms of the agreement. In personal…
  • Deferred Interest – Some loan payment amounts allow for interest payments to be deferred by adding them to the…
  • Deflation – Deflation is the opposite of inflation. In a deflating economy, money becomes worth more as time goes…
  • Delinquent Mortgage – Any mortgage for which the debtor has failed to make one or more scheduled payments is…
  • Depreciation – Depreciation describes the process of an asset become worth less and less over time. Many…
  • Devaluation – Devaluation is the process of making something’s value decrease. For example, if you have a vast…
  • Direct Deposit – Direct deposit is a form of transaction using electronic communications in place of traditional…
  • Disclaimer – A disclaimer is a legally significant exemption from a contract or statement. Often, disclaimers do not…
  • Disclosure – A disclosure is an informative statement that is legally required. For example, when obtaining a loan…
  • Discretionary Income – The portion of an individual’s disposable income that is left over after paying for the…
  • Disposable Income (i.e. Net Income) – The amount of income left to an individual after taxes have been assessed…
  • Diversification – In personal finance, diversification simply means to select a range of investments to offset losses…
  • Divestiture – Divestiture is the sale of an asset. For example, if a person holds a stock that is performing poorly…
  • Dividend – A dividend is a taxable payment given to shareholders of a company. Dividends usually are issued…
  • Donor – In personal finance, a donor is an individual who gives a gift to a charitable contribution. For example, when…
  • Dow Jones Industrial Average (DJIA) – The Dow Jones Industrial Average is the most widely used indicator of the…
  • Dual Income No Kids (DINKS) – The colloquial phrase "dual income, no kids" is used to denote a growing segment…
  • Due-on-sale Clause – A due-on-sale clause is a contractual clause in many secured loans specifying that all owed…