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Deficit

Deficit is a situation where expenses exceed income or liabilities exceed assets. It’s commonly used in government or nonprofit accounting but also applies to businesses. A sustained deficit may signal cash flow issues or structural financial problems needing corrective action.

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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.