Category: O

The deliverer of option rights to an optionee.

1. Bankruptcy: Court order that frees the bankrupt from legal obligations to pay off current debts. 2. Contracting: Court order that ends a contractual obligation between two or more parties.

Losses caused by day-to-day business operations.

The adoption of large-scale changes to organizational policies, processes, structures or strategies.

The sum of all knowledge within an organization, pooled between all of its members.

1. Company that manufactures or produces complete end products or subassemblies used within end products. 2. Computers: A custom manufacturer who puts together and sells whole computer systems, rather than simply producing

This income is obtained by transactions outside of day-to-day business operations.

Work that is considered beyond the scope of the original contract, requiring an alteration to the cost or price.

An initial set of specifications, upon which more detailed specifications are based later in the design process.

An individual whose insurance coverage is worth more than the item(s) being insured.

This is the maximum amount of money that one bank will transfer to another in one day, limiting the bank?s exposure to monetary transfer risks.

The amount by which an insurer has exceeded its usual capacity (or has committed beyond its usual capacity).

It is the condition where the number of shares is less than the demand from buyers. The stock price is pushed higher as a result.

The capital invested in a corporation, based on the deduction of the book value of liabilities from the book value of assets.