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TeachMeFinance.com - explain OTS OTS 'OTS' is an abbreviation standing for 'Officer Training School; one-time source'. Previous 5 Terms: OTG OTH OTH-B OTHT OTI Next 5 Terms: OUB OUSD OUSD(AT and L) OUSD(C) OUSD(P) Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.