Dont know the trade. A Street expression used whenever one party lacks
knowledge of a trade or receives conflicting instructions from the other party.
DOT
See: Designated Order Turnaround System
Double auction market
Used for listed equity securities. Systems by which securities are bought and
sold through brokers on the securities exchanges, as distinguished from the
O.T.C. market, where trades are negotiated. Unlike the conventional auction with
one auctioneer and many buyers, here we have many sellers and many buyers.
Double-declining-balance depreciation
Method of accelerated depreciation.
Double dip
Used for listed equity securities. Dividend roll in which the dividend capturer
already owns the stock cum dividend and is enriching his current yield through a
second, or double dose of dividend.
Double-dip lease
A cross-border lease in which the disparate rules of the lessors and lessees
countries let both parties be treated as the owner of the leased equipment for tax
purposes.
Double-tax agreement
Agreement between two countries that taxes paid abroad can be offset against
domestic taxes levied on foreign dividends.
Doubling option
A sinking fund provision that may allow repurchase of twice the required number
of bonds at the sinking fund call price.
Dow Jones Industrial Average
This is the best known U.S. index of stocks. It contains 30 stocks that trade on
the New York Stock Exchange. The Dow, as it is called, is a barometer of how
shares of the largest U.S. companies are performing. There are hundreds of
