Odd Lotter
What is 'Odd Lotter' An individual investor who buys securities, usually stocks, in odd lots. This is the opposite of someone who...
One Night Stand Investment
What is 'One Night Stand Investment' A purchased security that was intended for a long-term investment, but is instead sold the next...
Office Of The Superintendent Of Financial Institutions (OSFI)
What is 'Office Of The Superintendent Of Financial Institutions - OSFI' An independent agency responsible for the regulation of banks, insurance companies,...
Off-Premise Banking
What is 'Off-Premise Banking' Any bank location other than its main location that provides banking services of any kind that don't require...
One Percent Rule
What is 'One Percent Rule' A rule of thumb used to determine if the monthly rent earned from a piece of investment...
One-Bank Holding Company
What is 'One-Bank Holding Company' A corporation that holds at least a quarter of the voting stock of a commercial bank. One-bank...
Oligopoly
DefinitionAn oligopoly is a market form wherein a market or industry is dominated by a small number of large sellers. Oligopolies can result from...
Oliver E. Williamson
DefinitionOliver Eaton Williamson is an American economist, a professor at the University of California, Berkeley, and recipient of the 2009 Nobel Memorial Prize in...
Offer In Compromise
DefinitionThe Offer in Compromise program, in the United States, is an Internal Revenue Service program under which allows qualified individuals with an unpaid tax...
Offset Mortgage
Definition
The term flexible mortgage refers to a residential mortgage loan that offers flexibility in the requirements to make monthly repayments. The flexible mortgage first...