What is 'Omega' In finance, omega represents the percentage change in an option's value with respect to the percentage change in the...
What is 'Off-Floor Order' An investor's directive to buy or sell securities when that directive is given to a broker, not to...
What is an 'Offtake Agreement'
In the case of a resource, an offtake agreement is an agreement between the resource's producer and the buyer of...
DefinitionOil sands, also known as tar sands or crude bitumen, or more technically bituminous sands, are a type of unconventional petroleum deposit. Oil sands...
What are 'On-The-Run Treasuries' On-the-run Treasuries are the most recently issued U.S. Treasury bonds or notes of a particular maturity. "On-the-run" Treasuries...
What is 'Office Of The Comptroller Of The Currency - OCC' A U.S. federal agency that serves to charter, regulate and supervise...
DefinitionOil refinery or petroleum refinery is an industrial process plant where crude oil is transformed and refined into more useful products such as petroleum...
What is 'Ombudsman' An official who investigates complaints (usually lodged by private citizens) against businesses, financial institutions and/or the government. An ombudsman...
Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Event studies in economics and financewww.jstor.org ECONOMISTS are frequently asked to...
What is an 'Odd Lot' An odd lot is an order amount for a security that is less than the normal unit...