"OTE"?

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Hi, I've got a potential job interview coming up but not sure exactly what the salary is or what 'OTE' stands for (On Target Earnings, Over Time Expected, Opportunity To Earn etc?) as I have been researching and people say different things. (I will ask them in interview but would like to know beforehand.)

I have been told that it's 'Basic Salary, plus bonus - £25k per annum OTE'. Does that mean the basic salary is 25k and then any bonuses will be added on top or is that made up of basic + bonus + 'OTE'?

The job is purchasing but all the information I have seen suggests that 'OTE' is more sales based.

Any advice on this?
 
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