open agreement
71Open-jaw ticket — An open jaw ticket is an airline ticket in which a traveler returns to the airline from a city other than the one in which they arrived, or in which the final destination is not the same as the original departure city. The trip between these two… …
72Open-pit coal mining in the United Kingdom — The United Kingdom produces about ten million tons of coal a year [1] from open pit mines. The majority comes from Scotland [2], with the largest operator there being the Scottish Coal subsidiary of Scottish Resources Group [3]; they are rather… …
73Open Listing — A property listing that uses multiple real estate agents in order to sell it and get it off the market. With an open listing, the agent that sells the property collects the commission. An open listing can also refer to an owner who sells their… …
74Open-End Lease — A rental agreement that obliges the lessee (the person making periodic lease payments) to make a balloon payment at the end of the lease agreement amounting to the difference between the the residual and fair market value of the asset. Also… …
75Open Door — A free trade principle promoted by the United States following Japan’s victory in the Sino Japanese War and motivated by a concern to contain the establishment of exclusive spheres of influence by the Great Powers in China. In September 1899,… …
76open-pricing agreement — An agreement between firms operating in an oligopolistic market in which prices and intended price changes are circulated to those taking part in the agreement in order to avoid a price war …
77open-ended — /ˌəυpən endɪd/ adjective with no fixed limit or with some items not specified ● They signed an open ended agreement. ● The candidate was offered an open ended contract with a good career plan. (NOTE: American English is open end) …
78open-ended — /ˌəυpən endɪd/ adjective with no fixed limit or with some items not specified ● They signed an open ended agreement. ● The candidate was offered an open ended contract with a good career plan. (NOTE: The US term is open end.) …
79Open-End Credit — A pre approved loan between a financial institution and borrower that may be used repeatedly up to a certain limit and can subsequently be paid back prior to payments coming due. The pre approved amount will be set out in the agreement between… …
80Open account — Arrangement whereby sales are made with no formal debt contract. The buyer signs a receipt, and the seller records the sale in the sales ledger. The New York Times Financial Glossary * * * open account UK US noun [C or U] E COMMERCE, COMMERCE ►… …
