Related Words

Automated Bond System (ABS): The computerized system that records bids and offers for inactively traded bonds until they are cancelled or executed on the NYSE.

Open System: A system that can be adjusted for new functions or purposes, and hence produce new and unpredicted results. Human language is an example of an open system. To a lesser extent, so is XML code . . . View Full Definition

Open Circulatory System: A system in which the circulating fluid is not enclosed in vessels at all times; found in insects, crayfish, some mollusks, and other invertebrates.

Obligation Bond: Mortgage bond whose face value exceeds the value of the underlying property, and for which a personal obligation is created to compensate the lender for any costs that may exceed the value o . . . View Full Definition

North American Industry Classification System (NAICS): Standard industrial classification codes have been replaced in the 1997 Census of Agriculture by the new North American Industry Classification System (NAICS). NAICS is a unique, all-new sys . . . View Full Definition

NT File System (NTFS): One of the file system for the Windows NT operating system (Windows NT also supports the FAT file system). NTFS has features to improve reliability, such as transaction logs to help recover . . . View Full Definition

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.

Optional Payment Bond: A bond whose principal and/or interest may be paid in foreign or domestic currency at the discretion of the bondholder.

Par Bond: A bond trading at its face value.

Parasympathetic Nervous System: Branch of the autonomic nervous system that slows the heart rate.