Related Words

Mutual Fund Cash-To-Assets Ratio: The cash instruments portion of a mutual fund as a proportion of its total assets.

Organization For Economic Development And Cooperation (OECD): An international organization established by the United States, Canada and certain Western European countries in 1960. The OECD studies and discusses trade and related matters. Its current 2 . . . View Full Definition

Osseointegration: Implies that a contact is established without interposition of non-bone tissue between normal remodeled bone and an implant entailing a sustained transfer and distribution of load from the i . . . View Full Definition

Overfunded Pension Plan: A pension plan that has a positive surplus (i.e., assets exceed liabilities).

Orchestration: Arranging a piece of music for an orchestra. Also, the study of music.

Options Clearing Corporation (OCC): The Options Clearing Corporation issues all exchange-listed securities options in the United States and guarantees all transactions in those options. The OCC also assigns exercised options f . . . View Full Definition

Operationally Efficient Market: Market in which investors can obtain transactions services that reflect the true costs associated with furnishing those services. Also called an internally efficient market.

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

Option Mutual Fund: A mutual fund that buys and sells options for aggressive or conservative investment.

P-E Ratio: Current stock price divided by trailing annual earnings per share or expected annual earnings per share. Assume XYZ Co. sells for $25.50 per share and has earned $2.55 per share this year; $ . . . View Full Definition