Glossary

The disability benefit is the amount payable under a disability income policy or provision in the event of disability of the named insured.

Disability buyout insurance refers to a disability insurance policy designed to buy out a disabled business owner or partner.

Disability income insurance is a type of health insurance that provides periodic payments to replace income lost when the insured is unable to work as a result of sickness or injury.

Disappearing deductible is a formula deductible that decreases as the amount of loss increases and disappears entirely to provide full coverage when the loss reaches a specified amount.

A disaster recovery plan delineates actions to be taken to recover from a disaster and resume business operations.

Disciplinary proceeding expense is a type of coverage found within nearly all lawyers professional liability insurance policies that pays the expenses required to defend an insured attorney when a state bar association or regulatory agency brings disciplinary proceedings against him or her.

A disclaimer is a statement by an accountant that the accountant did not perform the requisite audit work required to form an opinion as to the correctness of the financial statements or of the organization's financial condition.

The total decline—that is, the dollar value change—in the market capitalization of a defendant company from the trading day immediately preceding the end of the class period to the trading day immediately following the end of the class period.

A discontinuance is a formal pleading submitted by the plaintiff in a legal action that terminates the lawsuit.

The discounted cash flow (DCF) analysis is a technique at the core of finance, where cash flow in the future is discounted due to uncertainty about future rates of return.