OPM

What does OPM mean?

Other people’s money

When people chat online or send text messages, they sometimes use the term OPM, which stands for other people’s money. You might receive a message from a buddy saying, “He’s a big fan of spending OPM but hates parting with his own cash.”

OPM is a versatile term that can be used in various situations. Often, it carries a negative tone, particularly when discussing someone who can’t be trusted. You might be chatting about a former partner and express frustration over how they had a habit of gathering OPM through deceiving friends into lending them money.

However, it’s not always bad to talk about OPM. Sometimes, it can be a positive thing. People might use OPM to talk about a business loan or seed capital that helps get a new business off the ground.

Example for using ‘OPM’ in a conversation

Hey! Did you see that new restaurant opening up downtown?

Yeah, I heard about it! I heard they got a huge loan to start it.

Wow, really? They must be using OPM to get it off the ground.

Definitely! It’s a smart move to use other people’s money to start a business.