Purchasing/Stores Glossary of Terms

Glossary Terms Beginning with "D"

DAR
Defense Acquisition Regulations.

DBA
Doing business as...

DIS
Department of Information Services (State of Washington).

Daily Journal of Commerce (DJC)
Local business publication in which we advertise our Invitations to Bid and other formal solicitations.

Default
Failure by a party to contract or comply with contractual requirements; vendor failure.

Defective
An item that is broken or non-working when delivered.

Delegation of Authority
Authority for University Purchasing is divided into two components. See University of Washington Policies & Procedures, Purchasing Department, Procedures 2.3, 2.4.

Demurrage
Demurrage is the monthly charge assessed for the rental of gas cylinders from University Stores

Dest.
Destination, shipping terminology used to indicate F.O.B.

Direct Buy Limit
Limitation under which purchases may be made without securing competitive pricing. See University of Washington Policies & Procedures, Purchasing Department, Procedure 2.1.

Discount
An allowance or deduction granted by the seller to thebuyer, usually when certain stipulated conditions are met by the buyer, which reduces the cost of the goods purchased. However, discounts may be granted by the seller without reference to stipulated conditions. An example of such use of discount is the application of discount to a nominal or "list" price to establish the "net" or actual price. See Cash Discount; Quantity Discount; Standard Package Discount; Trade Discount.

Discrepancy
Anything that can go wrong with a Stores order.

Documentation Sheet
See Buyer's Documentation Form.