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Odd Man Rush: When a team enters the attacking zone and outnumbers the opposing players in the zone.

Oral Reprimand: A verbal warning given to an employee by a manager or supervisor as a means of correcting inappropriate behavior or conduct.

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

Oppositional Defiant Disorder (ODD): A recurrent pattern of negative, defiant, disobedient and hostile behavior toward authority figures that persists for at least six months. This disorder is characterized by frequent occurren . . . View Full Definition

Operating Performance Ratio: An overall measure of the efficiency of operations during a period: computed by dividing net income by net sales.

Open-Book Management: A management strategy emphasizing employee empowerment by making the organization’s financial data available to all employees. The goal of this type of management program is to make employee . . . View Full Definition

Pac-Man Strategy: Takeover defense strategy in which the prospective acquiree retaliates against the acquirer's tender offer by launching its own tender offer for the other firm.

Paint Brushes: The first known examples are probably those used in Egypt which were simple bundles of thin reeds bound to a handle; the British Museum has one of these and its date is put at about 1900 BCE . . . View Full Definition

Passive Investment Management: Buying a well diversified portfolio to represent a broad-based market index without attempting to search out mispriced securities.

Passively Managed: An index mutual fund or exchange traded fund is described as passively managed because the securities in its portfolio change only when the make-up of the index it tracks is changed. For exa . . . View Full Definition