Category: O

On their financial statements, a company reports payments received for products or services.

The objective for the formation of the company is stated in the Objects clause. A firm is acting ultra varies or beyond its powers if the firm’s activities breaches this clause.

A compound that is the liquid state and is highly flammable that is used to process petroleum. It is an important component used to determine the antiknocking properties of gasoline.

The non keeping of an official record for a payment or receipt of money

The official regulators of the various federal financial institutions. It falls under the jurisdiction of the U.S treasury department.

A progam that automatically downloads emails and other files onto the user’s computer from the internet and allows for their reading at the user’s convenience even when offline.

An agreement that takes place between a producer and a buyer before the construction of a facility, that guarantees a market for the future production of a facility. This increases the chances

This fund was created by the Sultan of Oman in 2006 to aid the economic development of Oman. The fund has been invested in a combination of private equity, public equity, and

This is transportation that is provided after the goods are discharged at port, usually until final delivery.

This is a brokerage firm that only interacts with customers over the Internet, instead of using traditional, office-based meetings. Online brokers often charge lower fees and provide do-it-yourself resources for investors.

This is when an insured individual can see a different service provider without the need to obtain a referral.

A market economy with few barriers to trade, where imports and exports make up a large portion of the GDP. This is a theoretical state, as all governments have some control over

1. An order to buy or sell securities that remains valid until executed or cancelled. 2. A term that is often used instead of backlog.

International standard computer network architecture, as defined by ISO protocols. A modular approach to network design is used to divide necessary functions into seven layers so that equipment provided by different vendors

1. The whole process an input / output system undergoes to progress from initial to final state (which will be identical). 2. The average time to liquidate merchandise or raw materials.

Situation in which the commitment of resources may lead to unforeseen gains, but containing an element of risk.

The manufacturing plant that incurs the lowest overall cost amongst all available alternatives.

The different ways in which a policy can pay out to a beneficiary.

The act of recording an order in the company?s system, so that it can be viewed, changed and/or executed.

Interest calculated based on a hypothetical year of 360 days.