DATA UNIVERSAL NUMBERING SYSTEM (DUNS) The Data Universal Numbering System, abbreviated as DUNS or D-U-N-S is a system developed and regulated by Dun & Bradstreet (D&B) which assigns a unique numeric identifier to a single business entity. This numeric identifier is then referred to as a DUNS number. It was introduced in 1963 to support D&B’s credit reporting practice. It has gained wide acceptance globally and is a common standard. Its users include the European Commission, the United Nations and the United States government. It is recognized, recommended and/or required by more than 50 global, industry and trade associations. The DUNS database has over 57 million entries for businesses throughout the world.
DEBENTURE Debt instrument evidencing the holder’s right to receive interest and principal installments from the named obligor. Applies to all forms of unsecured, long-term debt evidenced by a certificate of debt.
DEBT CAPITAL Business financing that normally requires periodic interest payments and repayment of the principal within a specified time.
DEBT FINANCING The provision of long term loans to small business concerns in exchange for debt securities or a note.
DEBT TO TOTAL ASSETS RATIO Total debt divided by total assets.
DEED OF TRUST A document under seal which, when delivered, transfers a present interest in property. May be held as collateral.
DEFAULTS The nonpayment of principal and/or interest on the due date as provided by the terms and conditions of the note.
DEFENSE ACQUISITION REGULATORY COUNCIL (DARC) A group composed of representatives from each Military department, the Defense Logistics Agency, and the National Aeronautics and Space Administration and that is in charge of the Federal Acquisition Regulation (FAR) on a joint basis with the Civilian Agency Acquisition Council (CAAC).
DEFENSE CONTRACTOR Any person who enters into a contract with the United States for the production of material or for the performance of services for the national defense.
DEFENSE LOAN AND TECNICAL ASSISTANCE PROGRAM (DELTA) A joint effort of the United States Small Business Administration and the Department of Defense to provide financial and technical assistance to defense-dependent small businesses adversely affected by defense reductions.
DEFERRED LOAN Loans whose principal and or interest installments are postponed for a specified period of time.
DEPRECIATION SCHEDULE An accounting procedure for determining the amount of value left in a piece of equipmen.
DISASTER LOAN PROGRAM The purpose of the U.S. Small Business Administration’s (SBA) Disaster Loan Program is to offer financial assistance to those who are trying to rebuild their homes and businesses in the aftermath of a disaster. By offering low-interest loans, the SBA is committed to long-term recovery efforts.
DISBURSEMENT The actual payout to borrower of loan funds, in whole or part. It may be concurrent with the closing, or follow it.
DISBURSING OFFICER An employee authorized to pay out cash or issue checks in settlement of vouchers approved by a certifying officer.
DISCLAIMER A statement regarding the responsibility and liability for website content and certain presenters, contractors, speakeres, etc.
DISCOUNT INTEREST RATE One in which the amount of interest is deducted from the face value of the loan with the borrower receiving the remainder.
DIVESTITURE Change of ownership and/or control of a business from a majority (non-disadvantaged) to disadvantaged persons.