DEFERRED LOAN 
Loans whose principal and or interest installments are postponed for a specified period of time. 

 

DISBURSEMENT  
The actual payout to borrower of loan funds, in whole or part. It may be concurrent with the closing or follow it. 

 

DISBURSING OFFICER 
An employee authorized to pay out cash or issue checks in settlement of vouchers approved by a certifying officer. 

 

DIVESTITURE   

Change of ownership and/or control of a business from a majority (non-disadvantaged) to disadvantaged persons.  

 EARNING POWER 
The demonstrated ability of a business to earn a profit, over time, while following good accounting practices. When a business shows a reasonable profit on invested capital after fully maintaining the business property, appropriately compensating its owner and employees, servicing its obligations, and fully recognizing its costs, the business may be said to have demonstrated earning power. Demonstrated earning power is the foremost test of the business risk in pressing upon an application for a loan. 

 

EASEMENT  
A right or privilege that a person may have on another's land, as the right of a way or ingress or egress. 

 

EMPLOYEE ASSISTANCE PROGRAM (EAP) COORDINATOR 
Coordinates the activities of Central Office or regional counselors, maintains a community resource list of available professional assistance to troubled employees, and a current roster of EAP counselors for the area of his/her jurisdiction.