Debt Service Reserve: Term used to refer to cash reserves set aside by a borrower, either by internal policy or lender covenant, to repay debt in the event that cash generated by operations is insufficient.

 

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Debt Service Reserve: Term used to refer to cash reserves set aside by a borrower, either by internal policy or lender covenant, to repay debt in the event that cash generated by operations is insufficient.

Original Issue Discount Debt (OID Debt): Debt that is initially offered at a price below par.

Official Reserves: Holdings of gold and foreign currencies by official monetary institutions.

Online Service: A business that provides its subscribers with a wide variety of data transmitted over telecommunications lines. Online services provide an infrastructure in which subscribers can communicate . . . View Full Definition

Over-The-Air Service Provisioning (OTASP): The ability of carriers to add new types of services to a customer's handset by using the wireless network instead of requiring the customer to bring the phone to a carrier's location for re . . . View Full Definition

Passport-Visa Service: A service that will take your passport and hand carry, if necessary, to the appropriate embassy in order to expedite a visa. Can be expensive if you have waited until the last minute to obta . . . View Full Definition

Overlapping Debt: The portion of debt of political subdivisions or neighboring special districts that a municipality is responsible for.

Nonfinancial Services: Such things as freight, insurance, passenger services, and travel.

Neisson Rhums Reserve Special: Neisson Reserve Special is blended from their finest rhums, distilled and bottled to perfection

National Marine Fisheries Service (NMFS): An agency within the National Oceanic and Atmospheric Administration (NOAA) at the Department of Commerce. NMFS administers programs that support the domestic and international conservation . . . View Full Definition