Organisation of Petroleum Exporting Countries (OPEC)
OPEC is a cartel of oil-producing nations that coordinates petroleum policies to…
Organisation for Economic Cooperation and Development (OECD)
The OECD is an international organization that works to build better policies…
Ordinary Residence
Ordinary residence refers to the place where a person habitually lives, intending…
Operating Profit/Loss: Understanding Business Performance
Operating profit/loss measures a company's profitability from its core business operations before…
Open-Market Operations
Central banks use open-market operations to manage the money supply and influence…
Oligopoly: Understanding Market Domination
An oligopoly is a market structure dominated by a small number of…