Category: O

This commission is paid to a primary agent for sales made by subagents in his or her territory. It may also refer to the amount owed to the owners of an acquired

A portfolio’s investments are overweight when the percentage amount invested in a particular market is greater than the market’s proportional share of total capitalization. Opposite of UNDERWEIGHT.

The ease of manipulation granted by this design method is possible through the representation of files and other operations as data structures.

The potential risks to life or functioning of an individual that is inherently associated with his occupation or work environment. Some of these hazards lead to the contraction of a disease or

Banking activities or transactions that occur at ATM machines located outsidethe premises of the bank, usually in malls or markets.

Assets such as furniture and computers that are absolutely essential to the operations of the company

A person under no obligation to confer a benefit or privelege to another individual, but does so unilaterally. This person cannot expect anything in return for the performance of the aforementioned deed.

The transfer of the operations of a company to another country with favourable economic conditions or due to the availability of cheap labor in the other country.

A nonfraternal insurer who operates on the basis of a legal reserve is referred to as the old line.

A discount or gift voucher that is placed on a product or its packaging to increase the likelihood of impulse purchases. Often used with products new to the market.

The use of websites, search engines and emails, to send promotional messages to Internet users. Because a site?s visitors often share information about themselves during registration, this advertising can be tailored to

The hypothesis, proposed by Aleksandr Oparin in 1924, that life originated spontaneously from non-living elements (e.g. methane, water vapor, hydrogen). Also known as abiogenesis theory.

A debit that does not have an agent at the moment.

The cost of items as determined by supply and demand.

A protocol that is governed by an organization anyone can join.

1. To run some part of machinery or a business. 2. To function properly. 3. To perform medical surgery.

Exploiting situations for personal gain, without considering others.

Production level resulting in the lowest cost per unit.

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.