Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• DEVISIBLE CONTRACT - A contract that consists of separate agreements that are not dependent on each oth...
  
  
• DEVISOR - The deceased person under whose will the beneficiary receives real estate. More commonly call...
  
  
• DEVOLUTION - the delegation of authority from higher to lower levels.
  
  
• DEVOLVE - to pass on or delegate to another, e.g. a devolved letter of credit.
  
  
• DEVOLVED BUDGETING - follows from devolving managerial responsibility, and assumes that those who are c...