Operating profit/loss measures a company's profitability from its core business operations before accounting for interest and taxes. It's a key…
Central banks use open-market operations to manage the money supply and influence interest rates by buying or selling government securities.…
An oligopoly is a market structure dominated by a small number of large firms. These firms often have significant market…
The 'Old Lady of Threadneedle Street' is a nickname for the Bank of England. This moniker, originating from a political…
An offshore account is a bank account held in a jurisdiction outside of one's country of residence. It offers benefits…
The Office of Fair Trading (OFT) was a non-departmental public body in the UK responsible for promoting and protecting consumer…
The Office for National Statistics (ONS) is the UK's largest independent producer of official statistics and the sole national statistical…
An occupational pension scheme is a retirement plan set up by an employer for their employees. It provides a way…
A non-executive director (NED) is a member of a company's board of directors who is not part of the executive…
Nominal values represent categories or labels without inherent numerical order. They are used for identification and classification, distinguishing items rather…