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Debriefing
A practice used primarily during the Request for Proposals process, whereby the contracting authority will meet individually, generally upon request, with each proposer whose proposal was not deemed appropriate for award, to discuss the strong and weak points of that supplier's proposal.
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Debt Service
The amount of money required to repay the principal and interest on a debt for each defined payment interval, e.g., month, year, over the term of the loan.
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Debt Service Funds
Received resources from other funds, taxes, grants, or proceeds from long-term debt that are used to pay the principal and interest on the debt.
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Debt-To-Owners’ Equity
Ratio calculated by dividing a business' total liabilities by its equity to measure the degree to which a business is financing its operations through debt.
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Decentralized Organization
An organizational structure where decision-making operations and daily operations are delegated by an upper level of an organization and distributed among lower level organization units.
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Decentralized Purchasing
An organizational structure in which designated personnel/operating departments from within the organization have the delegated authority to decide on sources of supply and contract directly with suppliers without consulting or receiving the approval from the Chief Procurement Officer (CPO). It should be noted that the scope and degree, if any, of decentralized procurement varies from agency to agency.
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Decision Tree
A chart or diagram, where each branch of the tree represents an outcome, decision, or reaction used to determine a statistical probability or course of action.
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Declared Value
1. The monetary value placed on a shipment of goods by the shipper when delivered to the carrier. 2. The value placed upon imported goods by the importer for clearance through customs.
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Default
Failure to fulfill a contractual obligation, e.g., the repayment of a debt, failure to properly perform work, or failure to perform work by the agreed to date.
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Defect
An imperfection or shortcoming, especially one that renders a good unable to be used for the ordinary purposes pursuant to the warranty for which it is sold and used.