Glossary


O
Objective Group
This is a term that is commonly associated with mutual funds. Mutual funds that invest in similar assets (e.g. precious metals) and/or have similar investment goals (e.g. large cap growth), are typically gathered together to form Objective Groups.
Obligations

Obligations payable, as stated in the Capital Structure

Operating Earnings

Earnings (profits) left after subtracting the cost of goods sold and marketing, general, and administrative costs from sales. Sometimes referred to as EBITDA (earnings before interest, taxes, depreciation, and amortization).

Operating Income

Total operating income for selected financial companies

Operating Income per share

Total operating income per share for selected financial companies

Operating Margin

Operating earnings as a percentage of sales.

Operating Profit

See Operating Earnings.

 

Option

A contract that gives a buyer the right to buy or sell 100 shares of stock within a certain period of time and at a pre-established price. A call option gives an investor the right to buy 100 shares of stock at a specified price, while a put option allows him to sell 100 shares.

Output Per Hour (Nonfarm)

A Labor Department index of what U.S. non-agricultural workers produce, on average, in an hour. An increase in this index over time is an indicator of productivity gains.