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Definitions
Output Method
Economic Measurement
GDP Calculation
National Accounts
The method of calculating domestic product using information on the net outputs of various sectors of the economy.
Read more about Output Method.
Definitions
Output per Hour Worked
Productivity
Labor Economics
Efficiency
A measure of output per unit of labour input, used in comparing productivity.
Read more about Output per Hour Worked.
Definitions
Outside Money
Economics
Finance
Money
An asset in the economy that is not a liability for anyone else, commonly applied to gold coinage rather than bank balances.
Read more about Outside Money.
Definitions
Outsourcing
Economics
Outsourcing
Business Strategy
Supply Chain Management
The practice of buying goods and services from outside suppliers rather than producing them within a firm.
Read more about Outsourcing.
Definitions
Outworker
Labor Economics
Outsourcing
Labor Regulation
A worker employed by an enterprise for a task or delivery of goods and services under contract, but working externally
Read more about Outworker.
Definitions
Over-Capacity Working
Economics
Production
Industrial Capacity
Production levels in a firm or an industry that exceed its conventionally calculated capacity.
Read more about Over-Capacity Working.
Definitions
Over-the-Counter Market
Finance
Securities
Market
A securities market not regulated by an exchange.
Read more about Over-the-Counter Market.
Definitions
Over-valued Currency
Economics
Currency
Exchange Rate
Over-valued currency - a currency whose exchange rate is too high for a sustainable equilibrium in the balance of payments
Read more about Over-valued Currency.
Definitions
Overdraft
Finance
Banking
Credit
A negative balance in a bank account, often allowed by prior arrangement but incurs interest and extra service charges.
Read more about Overdraft.
Definitions
Overhead Costs
Overhead Costs
Fixed Costs
Economic Terms
A look into the definition and meaning of overhead costs within economic frameworks.
Read more about Overhead Costs.
Definitions
Overlapping Generations Economy
Economics
Dynamic Models
Overlapping Generations
Savings Behaviour
Pension Schemes
Security Markets
An analysis of the overlapping generations economy, a discrete-time dynamic economic model where individual agents have finite lives but exist across multiple periods.
Read more about Overlapping Generations Economy.
Definitions
Overmanning
Labor Economics
Employment Practices
Organizational Management
Definition and exploration of the term 'overmanning' in an economic context
Read more about Overmanning.
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Economics Terms Lexicon
Ultimate Dictionary of Economics and Beyond.
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