Daily Trading Limits The maximum price range set by the ASE. 
Day Order An order that expires at the end of the day.
Day Traders Individuals who seek to establish and liquidate the same position for profit within one day's trading.
Dealer  An individual or a company in the securities industry who buys and sells securities as a principal rather than an agent. The profit and loss is the difference between the price paid and the price received for the same security. 
Debenture   Unsecured debt backed by the creditworthiness of the issuer, such as a corporate bond. 
Debit  Expense or money paid out from an account. A debit transaction is one which the net cost is greater than the net sale proceeds.
Debit Balance The amount that is owed to a broker by a margin customer for loans the customer uses to buy securities.
Debt  Money borrowed.
Debt Instrument An asset requiring fixed cash payments, such as a government or corporate bond.
Debt Market  The market for trading debt instruments.
Debtor  A person who owes money, goods or services to another, the latter being referred to as the creditor.
Debt to Equity Ratio  Calculated by dividing a company's long-term debt by shareholders' equity. Used to show the relationship between long-term funds provided by creditors and funds provided by shareholders. 
Deed  A written and signed document which sets out the things that have to be done or recognitions of the parties towards a certain object.
Default The failure of a party to make payment of interest or principal on a debt security when due.
Default Interest A higher interest rate payable after default.
Delisting  Removal of a company's security from listing on an exchange because the firm has not abided by specific regulations.
Delivery Versus Payment (DVP)  Simultaneous, certain, final, and irrevocable exchange of securities and funds. A securities settlement system that provides a mechanism that ensures that delivery occurs only if payment occurs.
De-materialization The process and conversion of securities issuance and processing through book entries only and without any physical certificates.
Depository  A central securities repository where physical securities are kept in a vault and owners are tracked via book entry system without the delivery of those securities when transactions occur.
Depression  Period when excess aggregate supply overwhelms aggregate demand, resulting in falling prices, unemployment problems, and economic contraction.
Derivatives Financial instruments whose value is derived from underlying value of another security. Derivatives include options and futures.
Dirty Stock A stock that fails to fulfill prerequisites to attain good delivery status.
Discharge of Lien An order terminating a lien on ownership.
Disclosure The release by companies of all information positive or negative that might bear on an investment decision as requested by the Jordan Securities Commission.
Discretionary Account An account whereby the holder gives written power of attorney to another person or entity to make trading decisions on his behalf. 
Diversification  The act of spreading one's investments across different types of securities and various companies in different fields in order to minimize risk.
Dividend  Distribution of earnings to shareholders, usually paid in the form of money or stock (see Stock Dividend).
Dividend Rights A shareholder's rights to receive per-share dividends identical to those other shareholders receive.
Dividends per Share  Dividend paid for the past 12 months divided by the number of common shares outstanding, as reported by a company. The number of shares often is determined by a weighted average of shares outstanding over the reporting term.
Dividend Yield  Calculated by dividing the amount of the annual dividends per share of stock by the current market price per share of the same stock, resulting in the annual percentage of return earned by an investor on a stock.
Dual Listing Listing of a security on more than one exchange, thus increasing the competition for bid and offer prices, the liquidity of the securities, and the length of time the stock can be traded daily.
Dumping  Used in the context of general equities. Offering large amounts of stock with little or no concern for price or market effect.