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  2. List of business and finance abbreviations - Wikipedia

    en.wikipedia.org/wiki/List_of_business_and...

    EIDL – Economic Injury Disaster Loan; ... $225K would be understood to mean $225,000, and $3.6K would be understood to mean $3,600. ... OTC – Over-the-counter ...

  3. Order to cash - Wikipedia

    en.wikipedia.org/wiki/Order_to_cash

    Order to cash (OTC or O2C) normally refers to one of the top-level (context level) business processes for receiving and processing customer orders and revenue recognition. . Order to cash is an essential function in finance; the entire cycle of events happens after a customer places an order until the customer pays for the order; that is, the order is converted to c

  4. Over-the-counter (finance) - Wikipedia

    en.wikipedia.org/wiki/Over-the-counter_(finance)

    In the United States, over-the-counter trading in stock is carried out by market makers using inter-dealer quotation services such as OTC Link (a service offered by OTC Markets Group). Although exchange-listed stocks can be traded OTC on the third market, it is rarely the case. Usually OTC stocks are not listed nor traded on exchanges, and vice ...

  5. Glossary of economics - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_economics

    Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...

  6. OTC - Wikipedia

    en.wikipedia.org/wiki/OTC

    OTC Markets Group, a private company that provides services to the US over-the-counter securities market OTC Tool Company , originally the Owatonna Tool Company Organizations

  7. Unit of account - Wikipedia

    en.wikipedia.org/wiki/Unit_of_account

    Unit of account is the main way of calculating a carrier or ship owner's liability in relation to carriage of goods contracts in which the Hague-Visby Rules apply. [citation needed] In economics, a standard unit of account is used for statistical purposes to describe economic activity.

  8. Spot market - Wikipedia

    en.wikipedia.org/wiki/Spot_market

    The spot market or cash market is a public financial market in which financial instruments or commodities are traded for immediate delivery. [1] It contrasts with a futures market, in which delivery is due at a later date. [2]

  9. Forward freight agreement - Wikipedia

    en.wikipedia.org/wiki/Forward_freight_agreement

    A forward freight agreement (FFA) is a financial forward contract that allows ship owners, charterers and speculators to hedge against the volatility of freight rates. It gives the contract owner the right to buy and sell the price of freight for future dates.