Browse the glossary by topic or alphabetically.
O
- Office of Small and Disadvantaged Business Utilization (OSDBU)
- Offices that offer small business information on procurement opportunities, guidance on procurement procedures, and identification of both prime and subcontracting opportunities with the U.S. government
- Online banking
- Service that allows an account holder to obtain account information and perform certain banking transactions through a personal computer
- Online bill payment
- Service that sends money out of a person's/company's bank account to whoever one wishes
- Operating income
- Amount of profit realized from a business' operations, but excluding operating expenses (such as cost of goods sold) and depreciation from gross income; also referred to as operating profit or recurring profit
- Outsourcing
- Purchasing a functional service for the company from another business; type of services include payroll, taxes and advertising
- Overdraft protection
- Arrangement with bank that allows one to withdraw more than the amount of money in his/her account
- Overhead
- Business expenses not directly related to a particular good or service produced (i.e. utilities)