National Association Of Independent Fee Appraisers (NAIFA): A professional association of appraisers with more than 2,000 members nationally. NAIFA offers the specialty designations IFA (member), IFAS (senior member) and IFAC (appraiser-counselor).

 

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National Association Of Independent Fee Appraisers (NAIFA): A professional association of appraisers with more than 2,000 members nationally. NAIFA offers the specialty designations IFA (member), IFAS (senior member) and IFAC (appraiser-counselor).

One-Off: Those who happen to watch TV shows such as American Chopper get to observe the building of a custom motorcycle from the ground up. Often these bikes are one of a kind and are sometimes refer . . . View Full Definition

Omnibus Trade And Competitiveness Act Of 1988: P.L. 100-418 (August 23, 1988) provided the President with negotiating authority for the General Agreement on Tariffs and Trade (GATT) Uruguay Round, U.S.-Canada Free Trade Agreement, and th . . . View Full Definition

Omnibus Budget Reconciliation Act of 1993 (OBRA 93): The first legislation authorizing the FCC to auction spectrum.

Omnibus Budget Reconciliation Act (OBRA) Of 1990: A federal act which established the Medicare SELECT program, a Medicare supplement that uses a preferred provider organization to supplement Medicare Part B coverage.

Operating Profit: Another term for operating income.

Operating Profit Margin: The ratio of operating profit to net sales.

Option Offense: An offense heavily relying upon the option run and variations thereof.

Opportunity Cost Of Capital: Expected return that is forgone by investing in a project rather than in comparable financial securities.

Opinion Of Title: An opinion of the marketability of a title given by an attorney based on the abstract of title.