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Ordinary Residence

Ordinary residence refers to the place where a person habitually lives, intending…

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Option

An option is a financial derivative that gives the buyer the right,…

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Operating Profit/Loss: Understanding Business Performance

Operating profit/loss measures a company's profitability from its core business operations before…

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Open-Market Operations

Central banks use open-market operations to manage the money supply and influence…

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Oligopoly: Understanding Market Domination

An oligopoly is a market structure dominated by a small number of…

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Old Lady of Threadneedle Street

The 'Old Lady of Threadneedle Street' is a nickname for the Bank…

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Offshore Account Explained

An offshore account is a bank account held in a jurisdiction outside…

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Office of Fair Trading (OFT)

The Office of Fair Trading (OFT) was a non-departmental public body in…

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Office for National Statistics (ONS)

The Office for National Statistics (ONS) is the UK's largest independent producer…

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Occupational Pension Scheme

An occupational pension scheme is a retirement plan set up by an…

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