Office of Comptroller of the Currency
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  Office of Comptroller of the Currency



Office of Comptroller of the Currency

   Known as OCC, it charters, regulates and supervises all national banks and it also supervises all federal branches and agencies of foreign banks.

RELATED TERMS
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OCC
Percent occupancy of the motel, i.e.: number of rooms rented vs. the number of rooms available, calculated on a yearly percent basis.



SIMILAR TERMS
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Office of Thrift Supervision
A bureau of the U.S. Treasury Department established in August 1989. OTS has the authority to charter federal Thrift Institutions and serves as the primary regulator of approximately 2,000 federal and state chartered thrifts.

Office property
Income-producing commercial property from which a particular service is rendered.



PREVIOUS AND NEXT TERMS
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Offer
A proposal to purchase property at a specified price and terms.

Offer and acceptance
Two essential components of a valid contract; a "meeting of the minds."

Offer to purchase agreement
The agreement between a buyer and seller for a certain price and terms usually dependent on conditions being satisfied.

Offeree
The person to whom an offer is made - usually the owner.

Offeror
The party who makes an offer - usually the buyer.

Office of Comptroller of the Currency

Office of Thrift Supervision
A bureau of the U.S. Treasury Department established in August 1989. OTS has the authority to charter federal Thrift Institutions and serves as the primary regulator of approximately 2,000 federal and state chartered thrifts.

Office property
Income-producing commercial property from which a particular service is rendered.

Offsite improvements
Improvements made outside of a property's boundaries, such as sidewalks and streets.

Oil and gas lease
A grant of the sole and exclusive right to extract oil and-or gas from beneath the surface of land.

Ombudsman
The independent person responsible for investigating complaints made about member institutions.

This dictionary contains 6433 terms.
      












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