Dictionary

Documentary Tax Stamps (doc Stamps)

Definition:  A state tax imposed on the transfer or conveyance of realty or any realty interest by means of deed, lease, sublease, assignment or similar instrument. Pronunciation:    \ˈdä-kyə-men-tə-rē\ Used...

Division Of Administration Hearings (doah)

Definition: The governmental body that hears all formal hearings stemming from an administrative complaint against a licensee. Pronunciation: Used in a Sentence:

Disintermediation

Definition: The diversion of savings from accounts with low fixed interest rates to direct investment in high-yielding instruments, ie stocks, money market funds and other securities. Pronunciation: \ˌdis-ˌin-tər-ˌmē-dē-ˈā-shən\ Used in a Sentence:...

Discount Rate

Definition: The amount of interest the Federal Reserve charges to lend money to its qualified banks. Pronunciation:  \ˈdis-ˌkau̇nt\ \ˈrāt\ Used in a Sentence:   The discount rate was lowered by the Federal Reserve to...

Discount Points

Definition:  A charge of 1% of the mortgage value; assessment by a lender to increase the interest yield to compete with the interest yield from other types of investments. Pronunciation: \ˈdis-ˌkau̇nt\ \ˈpȯint\...

Devisor

Definition: One who gives real property by will. Pronunciation:  \ˌde-və-ˈzȯr; di-ˈvī-zər, -ˌvī-ˈzȯr\ Used in a Sentence:   The devisor’s will left his property to his children.