Tag: 2020

What is 'Official Staff Commentary' Commentary published by the Federal Reserve. Official staff commentaries are laid out in a question-and-answer format. They...

DefinitionOil refinery or petroleum refinery is an industrial process plant where crude oil is transformed and refined into more useful products such as petroleum...

DefinitionCellular manufacturing is a process of manufacturing which is a subsection of just-in-time manufacturing and lean manufacturing encompassing group technology. The goal of cellular...

What is 'Off Board' A stock transaction that fits one of the following two criteria: 1. A stock trade involving a...

What is 'Odd-Days Interest' Interest that is earned from a mortgage or other loan with closed-end installments that contain a nonstandard payment...

What is 'Old-Age and Survivors Insurance (OASI) Trust Fund' One of the two trust funds managed by the Social Security Administration, the...

What is 'Oil Services Industry ETF' A sector exchange-traded fund (ETF) that invests in companies engaged in providing services such as drilling...

What is 'Main Home' A term used by the Internal Revenue Service (IRS) to define the home a taxpayer has lived in...

What is 'Mancession' An economic instance in which the unemployment rate is substantially higher among men than it is among women. The...

What is Macromarketing Macromarketing is a term coined by marketing professor Philip Kotler that refers to the study of marketing decisions and activities that affect...