What Are Outside Sales? Outside sales refer to the sales of products or services by sales personnel that physically go out into the field to meet with prospective customers. Outside sales professionals tend to work autonomously outside of a formal office setting or a formal team environment. They often travel to meet customers face-to-face, as
What Is Outsourcing? Outsourcing is the business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company’s own employees and staff. Outsourcing is a practice usually undertaken by companies as a cost-cutting measure. As such, it can affect a wide range of jobs, ranging
What Is an Outstanding Check? An outstanding check is a check payment that is written by someone but has not been cashed or deposited by the payee. The payor is the entity who writes the check, while the payee is the person or institution to whom it is written. An outstanding check also refers to
What Are Shares Outstanding? Shares outstanding refer to a company’s stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders. Outstanding shares are shown on a company’s balance sheet under the heading “Capital Stock.” The number of outstanding shares is used in
What Is an Out Trade? An out trade is a trade that cannot be placed because it was received by an exchange containing conflicting information. The associated clearinghouse cannot settle the trade because the data submitted by parties on both sides of the transaction is inconsistent or contradictory. Key Takeaways An out trade is a trade that can’t
What Is an Outward Direct Investment (ODI)? An outward direct investment (ODI) is a business strategy in which a domestic firm expands its operations to a foreign country. ODI can take many different forms depending on the company. For example, some companies will make a green field investment, which is when a parent company creates
What Was the Over-55 Home Sale Exemption? The over-55 home sale exemption was a tax law that provided homeowners over age 55 with a one-time capital gains exclusion. Individuals who met the requirements could exclude up to $125,000 of capital gains on the sale of their personal residences. The over-55 home sale exemption has not
What is the Overall Liquidity Ratio? The overall liquidity ratio is the measurement of a company’s capacity to pay its outstanding liabilities with its assets on hand. The overall liquidity ratio is calculated by dividing total assets by the difference between its total liabilities and conditional reserves. This ratio is used in the insurance industry
What Is an Overallotment? An overallotment is an option commonly available to underwriters that allows the sale of additional shares that a company plans to issue in an initial public offering or secondary/follow-on offering. An overallotment option allows underwriters to issue as many as 15% more shares than originally planned. The option can be exercised
What Is Overall Turnover? Overall turnover is a synonym for a company’s total revenues. It is a term that is most commonly used in Europe and Asia. For example, a European or Asian company’s press release that announces overall turnover increased 20% last year simply means that gross revenues or total sales increased by that
