tailieunhanh - Dictionary of Finantial and Business Terms part 11

Open-end mortgage Mortgage against which additional debts may be issued. Related: closed-end mortgage. Open-market operation Purchase or sale of government securities by the monetary authorities to increase or decrease the domestic money supply. Open-market purchase operation A systematic program of repurchasing shares of stock in market transactions at current market prices, in competition with other prospective investors. Open-outcry The method of trading used at futures exchanges, typically involving calling out the specific details of a buy or sell order, so that the information is available to all traders. Opening, the The period at the beginning of the trading session officially. | 101 Dictionary of Finantial and Business Terms Lico Reis - Consultoria L nguas licoreis@ Open-end mortgage Mortgage against which additional debts may be issued. Related closed-end mortgage. Open-market operation Purchase or sale of government securities by the monetary authorities to increase or decrease the domestic money supply. Open-market purchase operation A systematic program of repurchasing shares of stock in market transactions at current market prices in competition with other prospective investors. Open-outcry The method of trading used at futures exchanges typically involving calling out the specific details of a buy or sell order so that the information is available to all traders. Opening the The period at the beginning of the trading session officially designated by the exchange during which all transactions are considered made at the opening . Related Close the Opening price The range of prices at which the first bids and offers were made or first transactions were completed. Opening purchase A transaction in which the purchaser s intention is to create or increase a long position in a given series of options. Opening sale A transaction in which the seller s intention is to create or increase a short position in a given series of options. Operating cash flow Earnings before depreciation minus taxes. It measures the cash generated from operations not counting capital spending or working capital requirements. Operating cycle The average time intervening between the acquisition of materials or services and the final cash realization from those acquisitions. Operating exposure Degree to which exchange rate changes in combination with price changes will alter a company s future operating cash flows. Operating profit margin The ratio of operating margin to net sales. Operating lease Short-term cancelable lease. A type of lease in which the period of contract is less than the life of the equipment and the lessor pays all maintenance and .