Original Equipment Manufacturer (OEM): Any manufacturer that sells its product to a reseller. Most often refers to the original manufacturer of a device or component, but certain products licensed as OEM, like Windows operating systems, extend the term to mean a complete computer as assembled by an individual for resale.

 

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Original Equipment Manufacturer (OEM): Any manufacturer that sells its product to a reseller. Most often refers to the original manufacturer of a device or component, but certain products licensed as OEM, like Windows operating s . . . View Full Definition

Original Issue Discount Debt (OID Debt): Debt that is initially offered at a price below par.

Original Margin: The margin needed to cover a specific new position. Related: Margin, security deposit (initial).

Original Issue Discount: A bond or other debt security that is issued at less than par but can be redeemed for full par value at maturity is an original issue discount security. The appeal, from an investor's perspe . . . View Full Definition

Original Horizontality: One of the principles of relative dating. Based upon the good assumption that sedimentary rocks are deposited in horizontal or nearly horizontal layers: then if sedimentary layers are found . . . View Full Definition

Original Face Value: The principal amount of a mortgage as of its issue date.

Original Maturity: Maturity at issue. For example, a five-year note has an original maturity of five years; one year later it has a maturity of four years.

Original Sin: A theological doctrine arguing that all humans at the moment of conception inherit collective responsibility and guilt for the sins of Adam and Eve along with an innate tendency towards evil . . . View Full Definition

Service Equipment: Main control gear at the service entrance, such as circuit breakers, switches, and fuses.

Used Equipment: Purchasing used equipment must be done with great care, especially in the case of speakers. An inspection of a speaker's voice coil would certainly reveal if it had been severly burned by ex . . . View Full Definition