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Deficit Account

An equity account that tracks accumulated losses when a business’s expenses surpass its revenues over time. It reflects negative retained earnings and reduces the overall net worth of the company. Often seen in early-stage or loss-making businesses. 

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Dormant Company Accounts

Simplified annual accounts UK companies must file with Companies House when they have had no significant financial transactions.

Dividend Allowance

The tax-free amount of dividend income UK taxpayers can receive each tax year before dividend tax applies.

DBA (Doing Business As)

A US registration allowing a business to operate under a name different from its legal entity name.