Oil Reserves
DefinitionOil reserves denote the amount of crude oil that can be technically recovered at a cost that is financially feasible at the present price...
Off-The-Run Treasuries
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...
Official Strike
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...
On Account
What does 'On Account' mean On account is an accounting term that denotes partial payment of an amount owed or the purchase/sale...
One-Cancels-the-Other Order (OCO)
What is a 'One-Cancels-the-Other Order - OCO' A one-cancels-the-other order (OCO) is a pair of orders stipulating that if one order is...
Offshore Portfolio Investment Strategy (OPIS)
What is 'Offshore Portfolio Investment Strategy - OPIS' A tax shelter product designed to create large, seemingly real losses to be used...
Omnibus Account
What is an Omnibus Account
An Omnibus account is a single account that is used to hold securities for multiple clients. The account is maintained...
Oil Field
DefinitionAn "oil field" or "oilfield" is a region with an abundance of oil wells extracting petroleum from below ground. Because the oil reservoirs typically...
Oil Services Industry ETF
What is 'Oil Services Industry ETF' A sector exchange-traded fund (ETF) that invests in companies engaged in providing services such as drilling...
Old Lady
What is 'Old Lady' An eighteenth century nickname for the Bank of England. The full name is the Old Lady of Threadneedle...