Tooltip Categories: Economics & Finance

overdraft

An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero. (source: http://en.wikipedia.org/wiki/Overdraft)

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organizational chart

A diagram that shows the structure of an organization and the relationships and relative ranks of its parts and positions/jobs. (read more: https://en.wikipedia.org/wiki/Organizational_chart)

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outlet store

An online or high street shop retailing goods or services at heavily discounted prices.

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outplacement

The efforts made by a downsizing company to help former employees through the transition to new jobs and help them re-orient to the job market.

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orderbook

An order book is a business’s list of open, unshipped, customer orders, normally time-phased and valued at actual individual order prices, that may include margin

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ordinance

An authoritative regulation, decree, law, or practice. (source: http://www.wordreference.com/definition/ordinance)

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organization

A social unit of people that is structured and managed to meet a need or to pursue collective goals. All organizations have a management structure

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