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

A report that lists all wage and salary activity processed through the payroll system for each cost object, showing percent of effort in addition to a dollar amount.

See eDACCA (the certification method for SAP payroll).

Data Warehouse

The MIT Data Warehouse is a central data source which combines data from various Institute administrative systems. Access to the data is controlled by authorizations maintained within the ROLES Database.

Dealer, Jobber or Distributor

A business that maintains a store, warehouse, or other establishment in which a line or lines of products are kept in inventory and are sold to the public on a wholesale or retail basis.

Debarment

The disqualification of a person to receive invitations for bids or requests for proposals, or the award of a contract by a government body, for a specified time commensurate with the seriousness of the offense, the failure, or the inadequacy of performance.

Deductible

Sum that a DLC must pay, per incident—not per item—in the event of a theft or property damage claim. The DLC is reimbursed for the replacement value of the item less the amount of the deductible.

Default

Failure by a party to a contract to comply with contractual requirements.

Deferred Income

Funds that have been collected but have yet to be earned, usually due to restrictions in time or requirement of deliverable results. For example, a customer pays an annual software license upfront on January 1st. If the vendor’s fiscal year-end is May 31, the vendor would record five months of the income as turnover in the profit and loss account. The rest would be accrued in the balance sheet as a deferred creditor.

Deliverable End Item

One or more new items of equipment fabricated by a DLC, under contract, to be delivered to the contractor upon completion of such items.

The classification of an item as a deliverable end item is contingent with filing and approval of a budget for fabrication with the Office of Sponsored Programs.

Delivery

The formal handing over of property; the transfer of possession, such as by carrier to purchaser.

Demurrage

The detention of a ship, railroad, car or truck beyond a specified time for loading/unloading; the payment required and made for the delay.

Departmental Travel Card

Credit card issued to an MIT department, lab, or center for payment of expenses for approved business travel. The Departmental Card is used when a traveler does not have an individual MIT Travel Card.

Design Specification

A specification setting forth the required characteristics to be considered for award of contract, including sufficient detail to show how the product is to be manufactured.

Destination

The place to which a shipment is consigned.

DLC

An MIT Department, Lab, or Center.

DLC Support Team

MIT Department, Lab, or Center administrators who are part of a peer-support program to promote best-practices and improve communication.

Document Type

A SAP term, similar to "transaction type".

Drafts

Foreign drafts or checks made payable in foreign currency.

Drop Shipment

Merchandise that is shipped by a manufacturer directly to a customer in response to the seller who collects orders but does not maintain an inventory.

News and Announcements

With the opening of the Atlas Service Center in E17-106, VPF HR/Payroll staff will be on hand to
Alfa Aesar, one of MIT’s laboratory products suppliers, has been acquired by Thermo Fisher Scient