Off-Floor Order
What is 'Off-Floor Order' An investor's directive to buy or sell securities when that directive is given to a broker, not to...
Offtake Agreement
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...
Oil Sands
DefinitionOil sands, also known as tar sands or crude bitumen, or more technically bituminous sands, are a type of unconventional petroleum deposit. Oil sands...
On-The-Run Treasuries
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...
Office Of The Comptroller Of The Currency (OCC)
What is 'Office Of The Comptroller Of The Currency - OCC' A U.S. federal agency that serves to charter, regulate and supervise...
Oil Refinery
DefinitionOil refinery or petroleum refinery is an industrial process plant where crude oil is transformed and refined into more useful products such as petroleum...
Ombudsman
What is 'Ombudsman' An official who investigates complaints (usually lodged by private citizens) against businesses, financial institutions and/or the government. An ombudsman...
Odd Lot
What is an 'Odd Lot' An odd lot is an order amount for a security that is less than the normal unit...
Official Staff Commentary
What is 'Official Staff Commentary' Commentary published by the Federal Reserve. Official staff commentaries are laid out in a question-and-answer format. They...