Sound Like a Pro The D's

Concerts, Festivals and Special Events

Deposit :  a partial payment in advance of a booking to secure an act on a specific date.

Downstage: part of the stage closest to the audience.  Abbreviation: D/S

Insurance

Degree of Care: the minimum requirement of care owed by one party for the physical safety of another, for example the duty of a promoter to keep the audience safe at an event.

Declined Risk: a person, company or event who is considered to present a risk too large for an insurance company to cover.

Conventions

Damage Clause: section of a contract dealing with the rights of parties, procedures and penalties of the person or company causing damages.

Declared Value:  shippers statement of the entire value of a shipment in economic terms.

Nonprofits

Donor: someone who makes a contribution or grant to a nonprofit (donee).

Deferred Revenue/Income: payment for an event that hasn't happened yet, such as a subscription to performances to be held at future dates.  This creates an obligation (and liability) that the organization must provide services or goods in the future.