Category: O

Code that is outputed by the compiler program. Similar to the machine code sometimes, it is usually in a form that requires translation by another program.

The noncompliance with the legal system by interfering with (1) the law administration or procedures, (2) not fully disclosing information or falsifying statements, and (3) inflicting damage on an officer, juror or

Assets or liabilities that have yet to be realized and hence do form a part of the balance sheet. it is included in the balance sheet only when it becomes actual.

A taxpayer can pay an amount less than the amount owed for tax liabilities, under this agreement between the IRS and the taxpayer. This only comes into effect if the IRS gets

The duties and responsibilities that accompanies one’s position in office. It differs from moral responsibility in the sense that more than one individual cannot hold an official responsibility and it can thus

A country or area that has few restrictions on businesses located there and negligible income tax, which is different from an individual’s home country. Offshore havens provide various services such as international

The location, either onshore or offshore where oil wells are found.

When spending is within previously established limits.

This is an expense that, once completed, will not usually be incurred again. This might be a one-time project or acquisition, like a computer. This purchase might last for more than one

Any improvements to a building or property that will increase its re-sale value.

Relating to public access and community development. Often involves an open source culture.

The rise in the cost of products and services as a result of spending trends.

A repurchase agreement that does not set a date for repurchase and that can be terminated by either party at any time. Rates are adjusted each day, based on current market rates.

The initial figures used in a financial plan. For established businesses, these figures are based on the balance sheet from the previous accounting period. For new businesses, the figures are based on

Designing and overseeing business operations that contribute to the achievement of the company’s overall strategy.

The scanning of printed text into characters that a word processor can recognize, removing the need to re-type printed text.

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).