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...
One-Child Policy
DefinitionThe one-child policy, a part of the family planning policy, was a population planning policy of China. It was introduced in 1979 and began...
One Man Picture
What is 'One Man Picture' A situation in which the bid quote and ask quote for a security is provided by a...
Odd Date
What is 'Odd Date' A type of maturity date for foreign-exchange contracts. Odd dates are neither spot nor fixed dates; they are...
Odious Debt
DefinitionIn international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic...
Ocean Bill Of Lading
What is 'Ocean Bill Of Lading' A document required for the transportation of goods overseas. An ocean bill of lading serves as...
Over the Counter Trading
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...
On-Us Item
What is an 'On-Us Item' An on-us item is a check or draft that is presented to the bank where the check...
Offering Circular
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...