A demand note is a promissory note that becomes payable any time the holder of the note requests payment. This differs from notes that are due by a certain date or have a repayment schedule. Sometimes, banks are willing to issue demand loans...
finance
depository
A depository is the place where deposits are placed for safekeeping purposes. A depository oftentimes refers to banks, savings and loan institutions, credit union and trust companies. The term depository is also used to refer to institutions...
depreciation reserve
Depreciation reserves are funds established by a business for expensive items that depreciate overtime and must be replaced. The business puts money into the reserve every year according to the amount the item depreciates and its salvage...
design professional's lien
A design professional’s lien is a type of lien that gives a security interest in property to someone who expends design services in connection with that property. Who qualifies as a design professional depends on the state, but architects,...
disgorgement
Disgorgement is a remedy requiring a party who profits from illegal or wrongful acts to give up any profits they made as a result of that illegal or wrongful conduct. The purpose of this remedy is to prevent unjust enrichment and make illegal...
dishonor
Dishonor is the refusal to honor and pay an instrument (e.g. a check) that is presented for payment or settlement. A bank or other financial institution can choose to dishonor an instrument if the institution has a valid reason to do so such...
dissolution of corporation
Dissolution of corporation refers to the closing of a corporate entity which can be a complex process. Ending a corporation becomes more complex with more owners and more assets. For every corporation, the starting point for ending the...
distress
Distress means to seize another’s personal property for the satisfaction of a demand.
In general, the main reasons for which distress may be allowed include: (1) Arrears of rent; (2) Failure to pay taxes and certain fines...
Dodd-Frank Act
Originally prepared by Heather Byrne, Jennifer Uren, and Jackeline Solivan of the Cornell Law School Securities Law Clinic.
The Dodd–Frank Wall Street Reform and Consumer Protection Act, signed into law in July 2010, made reforms to financial...
Dodd-Frank Act - Table of Contents
TITLE I
PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD
PUBLIC COMPANY ACCOUNTING OVERSIGHT BOARD
Section 101-- Establishment; Administrative Provisions
Section 102-- Registration with the Board
Section 103-- Auditing, Quality Control, and Independence Standards and Rules
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