Adverse Opinion

An independent auditor's statement annexed to a company's financial statement that indicates the financial statement does not accurately reflect the company's true financial position.

Across the Board

A directional move in stock prices that affects most issues.

Deep Pockets

In financial speak, it is a reference to an investor or company with cash reserves. Deep pockets are very useful in buyouts.

In the legal world, deep pockets refers to the defendant in a case with the most insurance or assets from whom recovery can be made.

Well... that's sort of the same thing...

Decimal Pricing

The use of decimals in quoting prices on securities rather than using fractions. Fractions were used prior to 2000.

Debt Financing

The raising of capital to purchase a company through the sale of bonds.

Debt Ceiling

The maximum amount of money a bond issuer can owe.

Debit Balance

The amount owed to a broker on a margin account.

(And you thought it had something to do with your debit card!)

Debenture Bond

An instrument that pays interest and is secured by the general credit of the issuer.

Death Tax

Nickname for an inheritance tax.

Death Future

The nickname for an investment in which the death benefits for a terminally ill person are bought out in a lump sum.

Dear John Memo

A notice from a brokerage firm that an online trader received no requested shares in an IPO.

Dead Hand Poison Pill

A resolution passed by a Board of Directors to stop a takeover by a third party.