Category: O

This occurs when the value of a securing asset is far greater than the debt principal.

a term that is used for overcoming evidence that is presented by a party to a suit by presenting more convincing evidence.

Occurs when expenditure exceeds the budgeted amount.

Occurs when spending money to improve a property is no longer the best use of the property, or is too expensive when compared to the cost of improving other properties.

Any transaction that doesnt take place in person.

Medicines that can be purchased from a pharmacist without prescription.

Credit balance in a factory overhead account, caused by over-estimating the cost of overheads in a given period.

1. General: An excess or surplus amount over what was requested. 2. Leasing: The amount paid to the landlord of a retail store on top of the rent, which is a percentage of the total sales made by the outlet. 3. Shipping: Merchandise that has been shipped in excess of what was ordered and stated in the shipping documentation.

Health insurance issued to a person over 65 years old (the usual limit).

The value of an investment portfolio after liabilities have been deducted from revenue earned.