International Economic Terms

A direct participant is an organisation that connects to a transfer system under its own membership rights and handles its system-related transactions itself. Depending on the …

Direct taxes are government charges borne by the persons or organisations on whom they are imposed, rather than being passed on through the price of goods …

Directorship refers to an individual's appointment and responsibilities as a director of a company. The term may describe the office itself, a person's particular tenure, or …

A discount security provides no scheduled income during its life. Rather than receiving periodic payments, the holder generally earns a return when the security is repaid …

Discretionary fiscal policy consists of intentional adjustments to public finances, including changes to taxes, government purchases, or benefit payments, made by policymakers to achieve economic or …

Distributed ledger technology (DLT) comprises systems that let multiple independent parties update and verify a common record without depending on one central database. Through agreed validation …

Domestic settlement refers to the processing and final exchange of funds or assets through the same national or monetary-system infrastructure associated with the parties involved. It …

Double-entry bookkeeping records the financial effects of each business event in a coordinated set of ledger accounts, with total debits equal to total credits. This system …