Glossary
Operating Income
A measure of the profit earned from a company's ongoing core business operations
Operational Risk
The prospect of loss resulting from inadequate or failed procedures, systems, or policies
Options Contract
A financial derivative that provides the buyer with the right, but not the obligation, to buy or sell an asset at an agreed-upon price before or at a specific date
Overhead Costs
Ongoing expenses related to operating a business that are not directly associated with creating a product or service