Business terms starting with O

108 terms

Obligations Any kind of indebtedness; an encubance or commitment. Proprietorship (See: Sole proprietorship)
Oblique View in which a three-dimensional object is represented by a drawing (oblique drawing) in which the face, usually parallel to the picture plane, is…
Occupancy Indicates whether the property to which the loan application relates will be the owner's principal dwelling.
Occupation Occupation means the occupational or job classification in which the H-1B nonimmigrant is to be employed.
Occupational Employment Statistics (OES) OES is the Occupational Employment Statistics survey conducted by DOL, Bureau of Labor Statistics (BLS), available on line.
Occupational Safety and Health Act (OSHA) The mission of the Occupational Safety and Health Administration (OSHA) is to save lives, prevent injuries and protect the health of America's workers.
Occupiable space A room, or enclosure and accessory installations thereof, which are intended for human occupancy or habitation
Occurrence An event that results in an insured loss.
Odd lot A number of shares which is less than a board lot.
Off-board Transactions in New York Stock Exchange (NYSE) listed securities that aren't executed on a national exchange are known as off-board transactions.
Offer The offer is the price at which someone who owns a security is willing to sell it.
Offering date The offering date is the first day on which a stock or bond is publicly available for purchase.
Offering price A security's offering price is the price at which it is taken to market at the time of issue. It may also be called the public offering price.
Office of Air and Radiation (OAR) EPA's Office of Air and Radiation (OAR) deals with issues that affect the quality of our air and protection from exposure to harmful radiation.
Office of Enforcement and Compliance Assurance (OECA) The Office of Enforcement and Compliance Assurance (OECA) is responsible for ensuring the compliance of the regulated community with Federal environmental…
Office of Foreign Labor Certification (OFLC) Office of Foreign Labor Certification is the office within the Employment and Training Administration (ETA) of the U.S.
Office of Government Ethics (OGE) The Office of Government Ethics exercises leadership in the executive branch to prevent conflicts of interest on the part of Government employees, and to…
Office of Pesticide Programs (OPP) The Office of Pesticide Programs (OPP) regulates the use of all pesticides in the United States and establishes maximum levels for pesticide residues in…
Office of Pollution Prevention and Toxics (OPPT) The Office of Pollution Prevention and Toxics (OPPT), formerly the Office of Toxic Substances, was formed in 1977 with the primary responsibility for…
Office of Prevention, Pesticides and Toxic Substances (OPPTS) EPA's Office of Prevention, Pesticides and Toxic Substance (OPPTS) plays an important role in protecting public health and the environment from potential…
Office of Research and Development (ORD) The Office of Research and Development (ORD) is the scientific and technological arm of the U.S. Environmental Protection Agency (EPA).
Office of Science Coordination and Policy (OSCP) The Office of Science Coordination and Policy (OSCP), newly created in January of 1999, provides coordination ,leadership, peer review, and synthesis of…
Office of Solid Waste (OSW) The Office of Solid waste (OSW) operates under authority of the Resource Conservation and Recovery Act (RCRA).
Office of Solid Waste and Emergency Response (OSWER) The Office of the Assistant Administrator for Solid Waste and Emergency Response provides Agency-wide policy, guidance and direction for the Agency's…
Office of Superfund Remediation and Technology Innovation (OSRTI) Office of Superfund Remediation and Technology Innovation (OSRTI) manages the Superfund program.
Office of Thrift Supervision (OTS) The office within the Department of Treasury that charters and regulates federal savings and loan associations, as well as controlling the system of…
Office of Workforce Security (OWS) Office of Workforce Security (OWS) means the agency of the Department which is charged with administering the national system of public employment offices.
Official Check A check drawn on a bank and signed by an authorized bank official. (Also known as a cashier's check.)
offset You offset an options or futures position by taking a second position in a contract with identical terms, buying if you sold initially or selling if you…
Offset, Right of Banks' legal right to seize funds that a guarantor or debtor may have on deposit to cover a loan in default. It is also known as right of setoff.
Offshore This term, when used in this context, and when referring to a country, means a jurisdiction that offers financial secrecy laws in an effort to attract…
Offshore financial arrangement (OFA) Any transaction designed to avoid or evade California income or franchise tax through the use of: (a) offshore payment cards, including credit, debit, or…
Offshore fund An offshore fund is a mutual fund that's sponsored by a financial institution that's based outside the United States.
Offshore Mail Forwarding Address Often an IBC's offshore address is nothing more than a mail drop (P.O. Box) assigned to the IBC.
Offshore Promoter An offshore promoter is a person or entity who markets offshore arrangements to the public.
Offshore Trustee A trustee has a fiduciary duty to manage and conserve the assets of a trust over which he or she has control.
OGE 450 Filer Persons required to file the OGE Form 450 (Confidential Financial Disclosure report) under the authority of the Ethics in Government Act of 1978, as…
Oil Pollution Act (OPA) The Oil Pollution Act (OPA) was signed into law in August 1990, largely in response to rising public concern following the Exxon Valdez incident.
Online Banking A service that allows an account holder to obtain account information and manage certain banking transactions through a personal computer via the…
Online brokerage firm To buy and sell securities online, you set up an account with an online brokerage firm. The firm executes your orders and confirms them electronically.
Online trading If you trade online, you use a computer and an Internet connection to place your buy and sell orders with an online brokerage firm.
Open House When the seller's real estate agent opens the seller's house to the public. You don't need a real estate agent to attend an open house.
Open interest Open interest is a record of the total number of open contracts in any particular commodity or options market on any given day.
Open market In an open market, any investor with the money to pay for securities is able to buy those securities. US markets, for example, are open to all buyers.
Open order An order to buy or sell a security at a specified price. The order is valid until executed or cancelled.
Open outcry When exchange-based commodities traders shout out their buy and sell orders or use a combination of words and hand signals to negotiate an order, it's…
Open-End Credit A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services.
open-end mortgage A mortgage allowing the borrower to receive advances of principal from the lender during the life of the loan. See also: closed-end mortgage.
Open-end mutual fund Most mutual funds are open-end funds. This means they issue and redeem shares on a continuous basis, and grow or shrink in response to investor demand for…
Open-ended credit A plan in which the creditor anticipates repeated transactions, and for which there is a finance charge computed on any unpaid balance.
open-ended fund An open-ended mutual fund continuously issues and redeems units, so the number of units outstanding varies from day to day.
Open-market operations Open-market operations allow the Fed to implement its monetary policy and regulate the money supply.
Opening The first transaction in each security or commodity when trading begins for the day occurs at what's known as its opening, or opening price.
Operating Monies Those monies invested by the State Treasurer, the earnings of which are not statutorily returned to any specific fund, and therefore, accrue to the state…
Operating Subsidiary National banks conduct some of their banking activities through companies called operating subsidiaries.
Operation The manner in which a window unit opens, closes, locks, or functions; e.g., casement, double-hung, etc.
Operations and Maintenance (O&M) Operations and maintenance (O&M) activities protect the integrity of the selected cleanup plan for a Superfund site.
Opportunity cost The cost of passing up on investment in favor of another.
Opt-In Giving your credit card company or bank permission to include you in a particular service.
Opt-out Declining a particular service offered by your bank.
Option Buying an option gives you the right to buy or sell a specific financial instrument at a specific price, called the strike price, during a preset period…
Option premium When you buy an option, you pay the seller a nonrefundable amount, known as the option premium, for the right to exercise that option before it expires.
options Contracts which give the holder the right to buy (call options) or sell (put option) a fixed amount of a certain stock at a specified price within a…
Options chain Options chains are charts showing all the options currently available on a particular underlying instrument.
Options class An options class includes all the calls or all the puts on a single underlying instrument that share some of the same terms, such as contract size and…
Options Clearing Corporation (OCC) The Options Clearing Corporation issues all exchange-listed securities options in the United States and guarantees all transactions in those options.
Options series An options series includes all the contracts within an options class that have identical terms, including expiration date and strike price.
Order imbalance An order imbalance occurs when there are substantially more buy orders in a particular security than there are sell orders, or the reverse.
Order protection rule The order protection rule, part of Regulation NMS - for National Market System - adopted by the Securities and Exchange Commission (SEC) in 2005, requires…
Organizer Any person who discovers, creates, investigates, or initiates the tax shelter investment, devises the business or financial plans for the investment or…
Oriel A projecting bay window carried on corbels or brackets.
Original appearance The visual appearance of a structure or site at approximately the time of its completed initial construction.
Original issue discount A bond or other debt security that is issued at less than par but can be redeemed for full par value at maturity is an original issue discount security.
Original Principal Balance The total amount of principal owed on a mortgage before any payments are made.
Origination The process of preparing, submitting, and evaluating a loan application; generally includes a credit check, verification of employment, and a property…
Origination Fee An origination fee is an amount, usually calculated as a percentage of a mortgage loan or home equity loan, which a lender charges for processing your…
OTC Bulletin Board (OTCBB) During the trading day, the electronic OTC bulletin board (OTCBB) provides continuously updated real-time bid and ask prices, volume information, and…
Other current transfer payments to the rest of the world Payments consisting of U.S. government military and nonmilitary grants-in-cash and grants-in-kind to foreign governments.
Other Residential Hotels and motels where the normal occupancy of a guest is 6 months or more; a tourist home or rooming house which has more than four roomers.
Out-of-the-money An option is out-of-the-money when the market price of an instrument on which you hold an option is not close to the strike price.
Outreach and Special Projects Staff (OSPS) The Outreach and Special Projects Staff (OSPS) serves to coordinate and implement for the Office of Solid Waste and Emergency Response (OSWER) the…
Outstanding balance The amount currently owed on a loan.
Outstanding Check A check written by a depositor that has not yet been presented for payment to or paid by the depositor's bank.
Outstanding shares The shares of stock that a corporation has issued and not reacquired are described as its outstanding shares.
Outward investment U.S. residents' investment abroad.
Over Limit An open-end credit account in which the assigned dollar limit has been exceeded.
over-the-counter The over-the-counter (OTC) or unlisted market maintained by securities dealers for issues not listed on a stock exchange.
Over-the-counter (OTC) Securities that trade over-the-counter (OTC) are not listed on an organized stock exchange, such as the New York Stock Exchange (NYSE) or the NASDAQ Stock…
Over-the-limit fee A fee charged if your account balance goes over your credit limit. You will not be charged this fee unless you have authorized your credit card company to…
Overages The difference between the lowest available price and any higher price that the homebuyer agrees to pay for a loan.
Overbought When a stock or entire securities market rises so steeply in price that technical analysts think that buyers are unlikely to push the price up further…
Overcollateralization The amount, if any, by which the aggregate outstanding principal balance of collateral exceeds the aggregate outstanding principal balance of the…
Overdraft When the amount of money withdrawn from a bank account is greater than the amount actually available in the account, the excess is known as an overdraft…
Overdraft Fee The fee that is charged an account holder for a check that is paid or honored when the available balance in the account is not sufficient to cover the…
Overdraft Protection A checking account feature in which money from another account in your name is used to cover the transaction(s) if you don't have enough money in your…
Overdraw To write a check for an amount that exceeds the amount on deposit in the account.
Overlimit An open-end credit account in which the assigned dollar limit has been exceeded.
Overseas adjustment An adjustment made to the national estimates of personal income to exclude the wages and salaries and related components of the income of U.S.
Oversold A stock, a market sector, or an entire market may be described as oversold if it suddenly drops sharply in price, despite the fact that the country's…
Oversubscribed An initial public offering (IPO) is oversubscribed when investor demand for the shares is greater than the number of shares being issued.