Category: O

Sales technique delivered at the consumer?s home or work-place. Typically involves product samples and demonstrations.

This is a contract the terms of which do not describe the entire agreement between the two parties involved, with clauses or provisions that can be modified without mutual consent (usually by

Technical specification that provides security and privacy when financial information is exchanged via the Internet. However, lacks authentication and authorization functions, which are instead provided by third party vendors.

A bidding system that enables anyone to submit bids, in order to encourage competitive bidding.

A fund that allows shares to be bought or sold, according to demand. The fund?s market value is calculated by dividing the total value by the number of shares and then adding

Determines whether or not current cash flow can cover company expenses.

These are short term financial liabilities that result from the day-to-day operation of a business.

Balancing operating costs by moving expenses from one account to another.

Tasks that may consist of multiple sub-tasks, usually carried out at one site.

The use of GAAP in business accounting to create the appearance of goal attainment.

A contract that minimizes costs for all parties involved.

In a contract, this clause allows the buyer, obligor or a lessee to renew a concluded contract for another term.

When an initial public offering of shares is made, this is a list of investors who have subscribed to buy shares.

A financial statement that shows assets in order of how permanent they are, with the most permanent listed first (e.g. land, then buildings, then equipment).

In any business, this term is used for all those activities that are necessary and normal.

The rate at which a company will grow using only its own resources, without borrowing or buying other firms.

The study of communication within and between organizations. It considers the impact of communication structures on the individuals within those structures, and can contribute to effective management.

Long-term criminal activity conducted in a structured and systematic manner, with the aim of generating illicit income. The activities and techniques vary, often involving violence, theft, fraud and trade in illicit items

A system that provides information on non-NASDAQ markets.

Structures that are covered by homeowner insurance, but that are not part of the main property (e.g. sheds, garages, gazebos).