v. To render accessible, visible, or available; to submit or subject to examina- tion, inquiry, or review, by the removal of restrictions or impediments .
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OPENING
In American practice. Tlie beginning; the commencement; the first ad- dress of the counsel.
OPENING A JUDGMENT
the term that is used when a judgement is reviewed to see if it should still stand or be set aside.
OPENING BALANCE
Balance at the beginning of a new accounting period , brought forward from the previous period.
OPENING BALANCE SHEET
The initial figures used in a financial plan. For established businesses, these figure are based on the balance sheet from the previous accounting period . For new businesses, the figures […]
OPENING BELL
This is an audible signal that indicates the start of the working day at an exchange. Ringing the bell is recognized as a privilege by celebrities and listed companies.
OPENING CASE
the name that is given to the opening statement for a new case or when new evidence comes to hand.
OPENING ENTRIES
The first bookkeeping entries of a new firm, account or accounting period .
OPENING STATEMENT
a term that is given to the initial statement of the attorney to the judge or the judge to a jury.
OPENING STOCK
The stock owned by a business at the start of an inventory keeping period.
OPENNESS
Willingness and ability to accept behaviour or beliefs that are different to ones own or to those of the mainstream.
OPENTIDE
The time after com is carried out of the fields.
OPERA
A composition of a dramatic kind, set to music and sung, accompanied with musical instruments, and enriched with appropriate costumes, scenery, etc. The house in which operas are represented is […]
OPERARII
Such tenants, under feudal tenures, as held some little portions of laud by the duty of performing bodily labor and servile works for their lord.
OPERATE
1. To run some part of machinery or a business. 2. To function properly. 3. To perform medical surgery.
OPERATING ACTIVITIES
Any actions that contribute to the cash inflow and outflow of an organization , and to its overall income.
OPERATING AGREEMENT
Legal documentation that details the set up and operation of an investment program between a company and one of its investors.
OPERATING ALLOWANCE
A budget or advance to pay for operating costs.
OPERATING AND SUPPORT COST
The total cost of running and maintaining a system throughout its operational lifespan.
OPERATING ASSET
Any asset that helps you to generate income. It may be cash, machinery, property, stock, etc.
OPERATING BUDGET
A comprehensive breakdown of incomes and costs, based on sales forecasts for a set period of time. Often sub-divides budgets, with the sales budget tending to be the priority. Long-term […]
OPERATING CASH FLOW
Overall income, adjusted for depreciation and the amortization of costs and assets.
OPERATING CASH FLOW RATIO
Determines whether or not current cash flow can cover company expenses.
OPERATING CASH FLOW TO SALES RATIO
Compares a firms revenues with its operating cash flow . Measured as a percentage, high numbers reflect the ability to turn sales into cash, making the firm creditworthy. Low numbers […]
OPERATING CHARACTERISTICS (OC) CURVE
A quality control graph that shows the likelihood that a production lot will contain an acceptable number of defective items using various sampling schemes.