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Obligation: Obbligazione, impegno.
A debt, note or lien payable; anything that is owed to others; a binding contract; a promise to pay; indebted.

(To) Occur: Accadere, capitare; venire in mente.
To take place, happen, especially of unpleasant events.

Occupation: Occupazione.
A job, employment.

Offsetting: Compensazione.
Elimination of a current long or short position by making an opposite transaction. Related: buy in, evening up, liquidation.

Old-fashioned: Sorpassato, fuori moda, superato.
Once usual or fashionable but now less common.

Ombudsman: Mediatore Europeo.
The European Ombudsman is appointed by the European Parliament after each election for the duration of Parliament's term of office. He is empowered to receive complaints from any citizen of the Union or any natural or legal person residing in a Member State concerning instances of bad administration in the activities of the Community institutions or bodies within three months. He submits a report to the European Parliament at the end of each annual session.

On the behalf of: Per conto di, a nome di, nell'interesse di.
For the interest of or as a representative of someone else.

One-time: Un tempo, già, ex.
Former.

Online: In linea.
You are online when your computer is connected to the Internet. A printer is online when it is connected to a computer and ready to receive information to be printed. When you are using your computer but are not connected to the Internet you are said to be working offline.

Open-end fund: Fondo di investimento aperto.
A Mutual fund that doesn't limit its number of shares.

Operator: Centralinista, telefonista.
A person who works a telephone switchboard.

Opinion articles: Corsivi.
They are designed to advance a viewpoint. Here the most important information is contained in the introduction and the summary, with the middle of the article containing supporting arguments.

Opposition: Opposizione.
The party or parties in a legislative body that are against the party or parties that control the legislature. In the UK the Opposition are the political parties in the House of Commons that are not the largest or Government party. They are called the Opposition because they sit on the benches opposite the Government in the House of Commons Chamber. The largest of the Opposition parties is known as Her Majesty's Opposition. The role of the Official Opposition is to question and scrutinise the work of Government. The Opposition often votes against the Government. In a sense the Official Opposition is the "Government in waiting".

Opt-in: The express act by a customer of granting a marketer permission to deliver marketing messages to the customer. The permission is typically granted by registering on a Web site or responding to an unsolicited e-mail and the messages are typically delivered by e-mail.

Opting out: Clausola di esenzione.
It is an exemption granted to a country that does not wish to join the other Member States in a particular area of Community co-operation as a way of avoiding a general stalemate. The United Kingdom, for instance, asked to be allowed not to take part in the third stage of economic and monetary union (EMU) and similar clauses were agreed with Denmark as regards EMU, defence and European citizenship.

Option: Opzione.
The right to buy or sell stock at a given price within a certain period of time. Options are often traded.

Opt-out: The instruction by a customer to a marketer to halt the delivery of marketing messages, typically periodic e-mails. Most responsible marketers embed opt-out procedures in their marketing messages and make it easy for customers to opt-out.

Oral: Orale.
Spoken, not written.

Order form: Modulo d'ordine.
It is used to order goods. It is often pre-numbered for ease of reference and contains details such as date, name and address of both supplier and customer, exact details of the goods being ordered and agreed price and delivery date.

Order: Ordine.
This is the most common form of business communication, and it is written for a manufacturer, wholesaler, or retailer. When writing an order letter, include all the information the reader will need to identify the merchandise, such as: quantity, model number, dimensions, capacity, material, price.

Organization chart: Organigramma.
A pictorial display of the relationship of supervisors and subordinates; headed by the chief officer or owner.

Organization: Organizzazione.
In a business start-up, the job of accomplishing the collective tasks needed to get the business into full operation in the intended manner. These include business planning, business structuring, financing, marketing, finding suppliers and selecting people for the various jobs. In business management, the collective relationship of all supervisors and subordinates that defines the authority and responsibility chain of command.

Orienteering: Orientamento con bussola e mappa.
When people have to find their way quickly across unknown country using a map and a compass.

Outlet: Punto di vendita.
Shops, companies etc., through which products are sold.

Outline: Profilo, schizzo, elementi essenziali.
A line showing the shape of something; the main ideas or facts of something without detail.

Outsource: Approvvigionamento da fonte esterna.
To purchase; procure. Most often outsource is used when a product or service task has previously been accomplished within the company (an inside source) but is now being purchased or is being considered for purchase from another company (an outside source).

Outstanding balance: Saldo scoperto.
An amount of a loan that remains to be paid; a note on which there is still a liability.

Outstanding: Eminente, fuori dall'ordinario, in sospeso, insoluto.
Much better than most others, very good; not yet done, settled or paid.

Outstanding: Insoluto, in scoperto.
In accounting, the amount of unpaid debts and obligations. A document, such as a check or draft, that has not been presented for payment.

Overhead: Spese generali.
In a business, the expenses and costs that are not directly associated with the production or sale of goods and services. The normal costs of being in business, such as office, rent, utilities, insurance, advertising, accounting and legal expenses. As opposed to the cost of goods sold that directly relate to the products or services for sale. Also called indirect costs; burden, overhead cost, operating expenses. Overhead cost see overhead. Over-the-counter market (OTC): Mercato dei titoli non quotati in borsa.
A virtual marketplace for trading securities. Dealers conduct transactions via computer or telephone, rather than through an auction at a central location, like the New York stock exchange.

Over-the-counter market: Mercato ristretto.
A decentralized market (as opposed to an exchange market) where geographically dispersed dealers are linked together by telephones and computer screens. The market is for securities not listed on a stock exchange.

Overview: Visione d'insieme, rassegna generale.
A usually short account of something which gives a general picture but no details; summary.

(To) Own: Possedere.
Belonging, relating or peculiar to oneself. To hold title to a property or be in control of a sole proprietorship.

Own resources: Risorse proprie.
They are the tax revenue allocated to the European Union to finance its expenditure, which must not exceed the current ceiling of 1.27% of Community GNP. Originally, the Community budget depended on the Member States' financial contributions. However, a decision was adopted on 21 April 1970 giving it financial autonomy, and since 1 January 1978, the Community budget has been entirely financed by own resources. These are currently made up of four elements: agricultural duties, customs duties; the VAT resource: this comes from the application of a flat rate to the VAT base of each Member State; the 'fourth resource' is a so-called additional resource, because it is set according to the other three sources of budget revenue. It is based on GNP and the application of a rate to the total GNP of all the Member States.

Ownership: Proprietà, diritto di proprietà.
The person who owns property or a business entity. In business, the owner is usually the person in control of a sole proprietorship or the person who owns more than 50% of a corporation or a partnership. In property, the one who holds title.

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