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Dynamic Risk

Definition:  The risk that arises from the constant change in the business environment and thus dynamic risk cannot be transferred to an insurer. Pronunciation: \dī-ˈna-mik\ \ˈrisk\ Used in a Sentence:   The slow down of the economy was a dynamic risk that affected the store’s sales volume.
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Due-on-sale Clause

Definition: An acceleration clause found in most mortgage loans, requiring the mortgagor to pay off the entire mortgage debt when the property is sold. Pronunciation: Used in a Sentence:   When we sold the house the due-on-sale clause specified that the balance of the mortgage needed to be paid in full.
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Dual Agent

Definition:  A situation where an agent (or agency) represents both principals in a transaction.  (not a legal agency relationship in Florida). Pronunciation: \ˈdü(-ə)l\ \ˈā-jən(t)\ Used in a Sentence:   It is illegal for a real estate licensee to operate as a dual agent in Florida.
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Down Payment

Definition: A portion of the purchase price paid prior to closing the transaction.  Earnest money may be either part of or the entire down payment. Pronunciation: \ˈdau̇n\  \ˈpā-mənt\ Used in a Sentence:   By making a larger down payment, we were able to get a lower payment on our loan.
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Double-hung

Definition: A window consisting of two sashes that move up and down in a pair of channels and are held open by tension springs. Pronunciation: \ˌdə-bəl-ˈhəŋ\ Used in a Sentence:   Because only half of a  double-hung window can be opened at one time they provide less ventilation than other types of windows.
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Dormer

Definition: A window that is in a part of a building that sticks out from a slanted roof. Used to provide additional headroom, light and ventilation to an upstairs room. Pronunciation:  \ˈdȯr-mər\ Used in a Sentence:  The builder added a dormer window to the upstairs bedroom so that there was more headroom.
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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:
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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:
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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 help stimulate loans.