Financial Dictionary

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24549
financial terms

Organic Act of the Department of Labor




Organic Act of the Department of Labor

An act of law reluctantly signed by former U.S. president William Howard Taft in 1913 that created the Department of Labor and the Department of Commerce, dividing the former Department of Commerce and Labor.

RELATED TERMS
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President
Highest-ranking officer in a corporation after the chief executive officer.



SIMILAR TERMS
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Organic growth
Refers to growth achieved by internal investments of the firm. This could be the day to day business of the firm or a division of the firm starting a new business from scratch.

Organised securities exchange
A stock exchange where trading of listed securities takes place, such as the New York Stock Exchange.

Organization chart
A chart showing the hierarchical interrelationships of positions within an organization.

Organization for Economic Cooperation and Development (OECD)
An organization of industrialized countries formed to promote the economic health of its members and to contribute to worldwide development.

Organization of Petroleum Exporting Countries (OPEC)
A cartel of oil-producing countries.

Organized exchange
A securities marketplace where purchasers and sellers regularly gather to trade securities according to the formal rules adopted by the exchange.

Organized labor
Workers combined in trade unions (GB) or labor unions (US).



PREVIOUS AND NEXT TERMS
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Ordinary annuity
A series of fixed payments made at the end of each period over a fixed amount of time.

Ordinary income
The income derived from the regular operating activities of a firm or individual.

Ordinary interest
Interest based on a 360-day year instead of a 365-day year, resulting in what can be a significant difference.

Ordinary shares (GB) or common stock (US)
Fixed units of a company's share capital that usually pay a dividend and have voting rights.

Ordinary trade
A term used by the London Stock Exchange to denote that a transaction does not have any other special trade designation.

Organic Act of the Department of Labor

Organic growth
Refers to growth achieved by internal investments of the firm. This could be the day to day business of the firm or a division of the firm starting a new business from scratch.

Organised securities exchange
A stock exchange where trading of listed securities takes place, such as the New York Stock Exchange.

Organization chart
A chart showing the hierarchical interrelationships of positions within an organization.

Organization for Economic Cooperation and Development (OECD)
An organization of industrialized countries formed to promote the economic health of its members and to contribute to worldwide development.

Organization of Petroleum Exporting Countries (OPEC)
A cartel of oil-producing countries.

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This dictionary contains 24549 terms.







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