discounted loan: loan from which interest is deducted
in advance.
discretionary income: money left after buying neces-
sities.
district bank: one of 12 banks that make up the Fe-
deral Reserve System.
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diversification: an investing technique. The idea is to buy
lots of different types of investments so if the value of one
nose dives, you're not suicidal.
dividends: payments corporations make to their
shareholders. The per-share amount is determined by
corporate earnings.
division of labor: breaking down a large task into a
series of small ones so that each worker completes one or a
few of the steps involved.
Dow Jones Industrial Average: an important stock
market indicator, used to judge the stock market's general
well-being and how well your stocks are doing comparatively.
It measures the performance of 30 industrial stocks. When
the media reports that the market rose 20 points, they're
really saying the Dow rose 20 points.
dumping: selling the same goods for a lower price abroad
than at home.
