On Target Earnings

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"On-track" or "on-target" earnings (OTE) is a term often seen in job advertisements, especially for sales personnel. The typical pay structure may be composed of a basic salary with an additional amount of commission.
Source: https://en.wikipedia.org/wiki/On-target_earnings

Decoded:
On Target Earnings - A bullshit number that recruiters and sales managers use to trick you into joining their company. Pro-Tip - ask them how many people actually hit this in their first year