Category: O

Definition Other Real Estate Owned (OREO) refers to real estate property owned by a bank but not directly related to its business. It often comes

Definition Out-of-pocket expenses refer to costs that individuals pay themselves, rather than being covered by an organization or third party such as an insurance company.

Definition An out-of-pocket limit, in terms of finance, refers to the maximum amount that an individual will need to pay for covered services under a

Definition Other Current Assets (OCA) refers to a category of assets that are not the typical line items such as cash, accounts receivable, or inventory.

Definition Other Long-Term Liabilities, in financial terms, refer to a company’s obligations that are not expected to be paid off within one year. These could

Definition Other Post-Employment Benefits (OPEB) refer to the benefits, apart from pensions, that a company promises to provide to its employees after they retire. These

Definition The Other Comprehensive Basis of Accounting (OCBOA) refers to a system of accounting other than Generally Accepted Accounting Principles (GAAP). It includes methods like

Definition “Other Current Liabilities” refers to a category of debts or obligations that a company needs to pay off within one fiscal year or a

Definition Other Post-Retirement Benefits, often abbreviated as OPEB, refer to benefits, excluding pensions, that employers provide to their retired employees. These benefits may include life

Definition “Out of The Money” (OTM) is a term used in options trading to describe an option that has no intrinsic value. In a call