Tag: world

What does 'On Account' mean On account is an accounting term that denotes partial payment of an amount owed or the purchase/sale...

What is an official strike A strike is a work stoppage caused by the refusal of employees to work. It is usually in response to...

DefinitionOil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price...

What is 'On Stream' An investment that is on track to earn its expected return. Stocks, funds or any other investment vehicle...

Definition An offering memorandum or offering circular is a type of prospectus for a bond or other security. Sometimes, this is also referred to as...

What is an 'On-Us Item' An on-us item is a check or draft that is presented to the bank where the check...

DefinitionIn international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic...

What is 'One Man Picture' A situation in which the bid quote and ask quote for a security is provided by a...

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...

Who was 'Karl Marx' Karl Marx was a philosopher and economist famous for his ideas about capitalism and communism. Marx, in conjunction...