-NeeBo Glossary-

A - B - C - D - E - F - G - H - I - J - K - L - M - N - O - P - Q - R - S - T - U - V - W - X-Y-Z

-O-

• Offer � Willingness to sell at a given price.


• Operating costs� Also known as overhead - costs which are additional to the direct costs of manufacturing or of providing services.


• Operating margin � Turnover of a company�s sales minus its direct costs and overhead.


• Operating profit � Company's profit after deducting its operating costs from gross profit.


• Organic growth � When a company increases the turnover of its existing business.


• Outsourcing � Purchasing a professional service for a company from another business such as payroll, taxes, and marketing.


• Overdraft � A bank or other financial institution charges an overdraft enabling an account holder to borrow up to an agreed amount over an agreed time.