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
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.