Related Words

Sit On Santa Clauss Knee: It is a common tradition to go to a person dressed up as Santa Claus and tell him what you would like to get for Christmas.

Open-Market Operations: Open-market operations allow the Fed to implement its monetary policy and regulate the money supply. The Federal Reserve’s Open Market Committee (FOMC) regularly instructs the securities des . . . View Full Definition

Open-Market Purchase Operation: A systematic program of repurchasing shares of stock in market transactions at current market prices, in competition with other prospective investors.

Open-Market Operation: Purchase or sale of government securities by the monetary authorities to increase or decrease the domestic money supply.

Open Transaction: A transaction that is not completed at the end of the accounting period: a purchase that has not yet been paid for or a sale where payment is yet to be collected when the accounting period ends.

Open Systems Interconnection (OSI): A reference model developed by the International Organization of Standardization. It splits networking into seven layers which provide specific services and communications standards.

Opening Transaction: Applies to derivative products. (1)Buy or sell transaction that creates a position out of a flat one (writing an option short or buying an option long). Antithesis of closing transaction. (2 . . . View Full Definition

Operation: Statements which use programming commands to tell a computer to do something.

Operations Director: Individual who typically oversees claims, management information services, enrollment, underwriting, member services, and office management.

Operators Harmonization Group (OHG): A worldwide organization of operators and manufacturers dedicated to achieving a uniform standard for third-generation wireless systems.