Glossary Terms Beginning with O
Definitions for words starting with O are listed on this page. Take the link above or scroll down to the glossary term.
Occasional Definition
Occasional, when it pertains to budgeting income or expenses, is considered income or an expense that occurs without a frequency and cannot be determined when it may occur again.
When income or expenses are identified as being occasional, additional questions about past and anticipated future occurrences must be asked to confirm there is no frequency. The income or expense is not considered occasional when a frequency (e.g., monthly, quarterly, annual, etc.) is established.
OnBase Definition
A Document Management System (DMS) used for storing, searching, viewing and distributing imaged case files.
Overpayment Definition
A claim for repayment of CA or NA benefits that were overpaid to a participant. (See Overpayment)