|
| | |
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--------------------------------------
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--------------------------------------
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--------------------------------------
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. |
|
|