Glossary O-P

/Glossary O-P
Glossary O-P2018-03-13T10:10:17+00:00


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Off balance sheet items: unrecorded obligations such as repurchase agreements, pending lawsuits, and unfunded pensions.
OEM: original equipment manufacturers produce products that are sold to other companies that in turn make products for consumer purchases.
Perquisites (perks): a profit incidental to a regular salary such as the of a company automobile, country club membership, or entertainment allowance.