Related Words

Ball In Pocket: (also 'b.i.p.') when a player has picked up his ball and does not intend to complete a hole with a valid score

Original Book Of Entry: A book which contains the details of the day to day transactions of a business (see Journal ).

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 Basis: The sum of the purchase price of a property plus buying expenses on acquisition.

Origin: The location where a trip starts.

Organization Planning: The process of transforming an organization’s goals, objectives, philosophy and mission into practices and policies.

Organochromic Indicators: Colored organic compounds that change color when they chelate different metals. Organochromic indicators are used to determine the endpoint in complexometric titrations. Examples of organoch . . . View Full Definition

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

Organization Of Petroleum Exporting Countries (OPEC): A cartel of oil-producing countries.

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