Aspect Ratio: The ratio of television picture width to height no matter the size of the screen. Since the 1940s TV’s have used a 4:3 screen. Most new digital tvs will use a widescreen which is 16:9. This is much more like you experience at a movie.

 

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Aspect Ratio: The ratio of television picture width to height no matter the size of the screen. Since the 1940s TV’s have used a 4:3 screen. Most new digital tvs will use a widescreen which is 16:9. This . . . View Full Definition

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

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

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.

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

Operational Integration: The consolidation into a single operation of operations that were previously carried out separately by different providers.

Operation: Statements which use programming commands to tell a computer to do something.

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

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

Packer Concentration: The degree to which a few large firms dominate total sales within segments of the meat packing industry, which, some farmers and other critics contend, can cause or at least contribute to lo . . . View Full Definition