Related Words

Price-Earnings Ratio (P-E): The market value of a company's stock divided by net income.

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

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

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

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.

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

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

Partial Obscuration: Denotes that 1/8th or more of the sky, but not all of the sky, is hidden by any surface-based phenomena in the atmosphere, excluding precipitation. It often reduces horizontal visibility but . . . View Full Definition

Payout Ratio: A payout ratio, expressed as a percentage, is the rate at which a company distributes earnings to its shareholders in the form of dividends. For example, a company that earns $5 a share and . . . View Full Definition

Parity Ratio: The ratio of the prices received index, 1910-14=100, to the prices paid index on a 1910-14=100 base (called the parity index). The parity ratio is a measure of relative price relationships. . . . View Full Definition