DefinitionIn international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic...
What is 'Ocean Bill Of Lading' A document required for the transportation of goods overseas. An ocean bill of lading serves as...
DefinitionOver-the-counter or off-exchange trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs...
What is an 'On-Us Item' An on-us item is a check or draft that is presented to the bank where the check...
Definition
An offering memorandum or offering circular is a type of prospectus for a bond or other security. Sometimes, this is also referred to as...
What is 'On Stream' An investment that is on track to earn its expected return. Stocks, funds or any other investment vehicle...
What is an oligopsony and what are the effects on sellers
An oligopsony is a market structure in which there are only a few buyers....
DefinitionOil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price...
What are 'Off-The-Run Treasuries' Off-the-run treasuries are all Treasury bonds and notes issued before the most recently issued bond or note of...
What is an official strike
A strike is a work stoppage caused by the refusal of employees to work. It is usually in response to...