What Is Open Rotation? Open rotation is the system that is used to open trading on an options market. This process usually takes place for the first time each morning during a regular trading day. The open rotation system may also be used again if, at some point, trading is halted in the middle of
What Is Open Source? Open source refers to a software program or platform with source code that is readily accessible and which can be modified or enhanced by anyone. Open source access grants users of an application permission to fix broken links, enhance the design, or improve the original code. Open source software (OSS) hubs
What Is Operating Profit? A company’s operating profit is its total earnings from its core business functions for a given period, excluding the deduction of interest and taxes. It also excludes any profits earned from ancillary investments, such as earnings from other businesses that a company has a part interest in. An operating loss occurs
What Are Operating Activities? Operating activities are the functions of a business directly related to providing its goods and/or services to the market. These are the company’s core business activities, such as manufacturing, distributing, marketing, and selling a product or service. Operating activities will generally provide the majority of a company’s cash flow and largely
What Is Operating Expense Ratio (OER)? In real estate, the operating expense ratio (OER) is a measurement of the cost to operate a piece of property, compared to the income brought in by the property. It is calculated by dividing a property’s operating expense (minus depreciation) by its gross operating income. OER is used for
What Is Operating Income? Operating income is an accounting figure that measures the amount of profit realized from a business’s operations after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS). Operating income—also called income from operations—takes a company’s gross income, which is equivalent to total revenue minus COGS, and subtracts all
What Is an Operating Lease? An operating lease is a contract that allows for an asset’s use but does not convey ownership rights of the asset. These leases allow businesses to use the asset without incurring the high expenses involved in purchasing it. The business that leases the asset is called the lessee, and the
What Is an Operating Loss (OL)? An operating loss occurs when a company’s operating expenses exceed gross profits (or revenues in the case of a service-oriented company). A company’s operating profit is its profit before interest and taxes. Interest and taxes are not considered operating expenses in the way that cost of goods sold, selling
What Is One Belt One Road (OBOR)? One Belt One Road (OBOR), the brainchild of Chinese President Xi Jinping, is an ambitious economic development and commercial project that focuses on improving connectivity and cooperation among multiple countries spread across the continents of Asia, Africa, and Europe. Dubbed as the “Project of the Century” by the Chinese
What Was China’s One-Child Policy? The one-child policy was a rule implemented by the Chinese government mandating that the vast majority of couples in the country could only have one child. This was intended to alleviate the social, economic, and environmental problems associated with the country’s rapidly growing population. The rule was introduced in 1979 and phased out
