Related Words

Rate Center: The geographic area used by local exchange carriers to set rate boundaries for billing and for issuing phone numbers.

Open-Market Rates: Interest rates that are determined in the open market by supply and demand, as opposed to being set by the Federal Reserve Board.

Outright Rate: Actual forward rate expressed in dollars per currency unit, or vice versa.

Operating Rate: The percentage of total production capacity of a company, industry, or country that is being used.

Open Rate: The number of HTML message recipients who opened your email, usually as a percentage of the total number of emails sent. The open rate is considered a key metric for judging an email campaig . . . View Full Definition

On Center (OC): The measurement of spacing for studs, rafters, and joists in a building from the center of one member to the center of the next.

One Percenter: Many years ago, the AMA stated that 99% of motorcyclists are law abiding people and only 1% are causing trouble. Those riders who felt they were in that 1% assumed the name One Percenters an . . . View Full Definition

Overlay Strategy: A strategy of using futures for asset allocation by pension sponsors to avoid disrupting the activities of money managers.

Pac-Man Strategy: Takeover defense strategy in which the prospective acquiree retaliates against the acquirer's tender offer by launching its own tender offer for the other firm.

Pass-Through Coupon Rate: The interest rate paid on a securitized pool of assets, which is less than the rate paid on the underlying loans by an amount equal to the servicing and guaranteeing fees.