Banking Terms Based on the word / phrase from letter D (Part III / IV)

Banking Terms Based on the word / phrase from letter D (Part III / IV) :
Deposits on Call.

Is a savings withdrawal can be done with prior notice (1hari s / d 3 days before the withdrawal) in accordance with an agreement between the owner of the funds with the bank.

Deposit Slip (Deposit Slip).

Is a form to be filled out as proof of remittance of money transaction, either a cash deposit, deposit slips or checks clearing the bank to be recorded into a specific account is written in the Deposit Slip.

DEQ (Delivered Ex Quay / Duty Paid).


The term is usually followed by the name of the port of destination, is a code in the International Commercial Terms (Incoterms), which means limits the responsibility of Seller / Seller to the Buyer / Buyer for export of both the cost of shipping goods, transport and limited risk until the goods enter the customs territory of the Buyer / Buyer. Thus Seller / Vendor is responsible for revenues and license fees.
Limits of responsibility include:
a. Carriage arranged by seller.
b. Risks and costs of switching from seller to buyer when the goods are put in place the buyer at the dock.
c. The seller must bear all the risks and costs incurred to send the requested goods to the port and unload at the pier. Import duties are paid the seller.


Depreciation.

Is in the accounting process to allocate the cost of an asset against pandapatan periodically, including software and computer hardware. Depreciation of assets in accounting purpose is to distribute the cost according to the estimated useful life of assets (estimated useful life) of the assets concerned. Depreciation is recorded in the Income Statement (Profit and Loss) as a cost in the period. How besartnya fees charged are based on assumptions that must be tailored to the bank's accounting policies and regulations / directions taxation and carried out consistently each period.

Derivatives.

Is a financial instrument or other contract which falls within the scope of this statement by the three following characteristics:
(A) its value changes as a result of changes in interest rates, financial instrument price, commodity price, foreign currency exchange rates, price index or index interest rate, credit rating or credit index, or other variables that have been determined, all for non-variable financial variables are not determined exclusively for the parties to the contract (often referred to as the underlying variables).
(B) requires no initial net investment or net initial investment in a smaller amount than the amount needed for other similar contract that is expected to produce the same effect on changes in market factors; and
(C) were completed on a certain date in the future.

Embedded derivatives.

Is a component of the combined instrument (hybrid / combined instrument) a category including all the major non-derivative contracts, which resulted in some cash flow stemming from the combined instrument vary as a stand-alone derivative. Embedded derivative causes some or all of the cash flow, required under the contract, modified according to the interest rate, financial instrument price, commodity price, foreign currency exchange rates, price index or index interest rate, credit rating or credit index, or other variables that has been determined, all for non-financial variables is not a variable determined exclusively for the parties to the contract. Derivatives embedded in financial instruments but the contract can be transferred separately from the financial instrument, or owned by the different opponents of financial instrument, not an embedded derivative, but a separate financial instrument.

DES (Delivered Ex Ship).

The term is usually followed by the name
of the destination, is a code in the International Commercial Terms (Incoterms), which means the limits of responsibility of Seller or Seller whether the cost of goods, transport and with limited risk to the port of destination.
Limits of responsibility include:
a. Carriage arranged by seller.
b. Risks and costs of switching from seller to buyer when the goods are put into place the buyer on board.
c. DES is often financially correlate to CFR, but with no loss in terms of putting the risk on the buyer.

Foreign exchange.

Is a financial fund assets and liabilities used in international transactions.
Assets and liabilities of foreign financial fund is a financial fund assets and liabilities to non-residents, among others, in the form of deposits, securities and loans in both foreign currency or in dollars Thus, the notion of Foreign Exchange is a financial fund transfer of assets and liabilities between residents and non-residents including the transfer of assets and liabilities between residents abroad.


Dial-up Line.

Or switch line is the computer term for a telephone line (dial or button) that is used as a medium for transmitting data between a specific location.

Dilution (Dilution).

Is the decline in value of shares of a company which is due to the issuance of additional shares issued at a price perlembar shares lower than the book value of existing shares. Granting shares to employees and stock option is the main cause of dilution.

DIN (Debtor Identification Number).

Identity for a debtor is a unique and singular, which will be used by all banks as the identity of the debtor so that each bank can access a particular debtor with complete information including details of the facilities from other banks listed on the Debtor Information System (SID). DIN existence is inseparable from the realization of the formation of BIK (Credit Information Bureau). View → BIK (Credit Information Bureau).

Continued to Part IV/ End