It is the Assessorâs responsibility to assure that all properties are appraised fairly and equitably. Personal property (automobiles, boats, mobile homes, etc) is assessed at 100% market value annually. Real property (real estate) is assessed at 100% market value when the County conducts a revaluation.
One-time password. Not to be confused with One-time pad. A one-time password (OTP) is a password that is valid for only one login session or transaction, on a computer system or other digital device.
over-the-counter market (OTC) A widespread aggregation of dealers who make markets in many different securities. Unlike an exchange on which trading takes place at one physical location, OTC trading occurs through telephone or computer negotiations between buyers and sellers. Although stocks traded over the counter are often more speculative than listed stocks, virtually all government and municipal bonds and most corporate bonds are traded in the OTC market.