Category: O

The amount a buyer pays and seller receives for granting the right to an option for a specified period of time.

A contract agreed verbally, but not in writing, the existence of which can be difficult to prove as a result. If an oral contract can be proven to exist, it may void

Typical, everyday occurrences.

The vertical axis of a chart / graph (i.e. the ?y? axis).

Actions and attitudes of individuals, groups and structures within an organization that can affect its function and performance.

The way in which new employees adapt to the prevailing culture within an organization.

This company writes loans for multifamily / commercial properties.

Money borrowed without security or contributed my minority shareholders. Acronym is pronounced ?opium?, to reflect the power it can have over people who forget it must be paid back.

Evaluation of results of a process, activity or a plan, to be compared with expected results.

Facility that is far from the main plant.

The value of an investment portfolio after liabilities have been deducted from revenue earned.

Applying an amount of overhead costs that reflects the expense of producing goods or services.

An outer container that protects one or more inner containers.

Known as ?time and a half?, refers to the fact that employees earn 50% more than their usual hourly rate when working overtime.

A technology developed by Microsoft that allows for information from different media to be inserted into another file through two methods. (1) Linking: The files involved are separate, But through a link,

Diseases or disorders to the health caused due to an involvement in a particular occupation. Reffered to as industrial disease, it causes cancers in workers in the chemical industry, and other such

The financial contribution of sources that are neither equity investors or lenders, and thus are not included in the presentation of the asset and liability balance sheet. Through the use of OBSF,a

The use of automated machines to carry out tasks that would otherwise require a person with clerical skills to communicate, document and complete tasks.

1. A person or a group of individuals who are tasked with assuming the responsibility for the control and regulation of an activity that is fair to all participating parties. They are

Work completed at a much lower cost for the company by the people in another country. Also, offshore outsourcing is used to accomplish tasks that the company is sometimes ill-equipped to deal