A B C D E F G H I J K L M N O P Q R S T U V W Y Z
Oa Oc Oe Of Oi Ol On Op Or Ou Ov

Outbound logistics

The collection, storage and distribution of the product to customers. For tangible products this would involve warehousing, material handling, transportation, etc.; in the case of services it may be more concerned with arrangements for bringing customers to the service if…

Read More

Outright

In foreign exchange, a forward purchase or sale of currency which is not offset by a corresponding spot transaction. i.e. which has not been contracted through swaps. See foreign exchange.

Read More

Outside quota tariff rate (OQTR)

An OQTR is the tariff rate applicable to products imported in excess of a tariff quota volume. It is usually much higher than the one applied to imports within the quota.

Read More

Outsourcing

Outsourcing, is the process of utilizing third party workers for traditionally in-house business tasks; this may take place either inside or outside the company’s home country. It is a common practice that businesses use to cut expenses, gain access to…

Read More