Odd-Days Interest
What is 'Odd-Days Interest' Interest that is earned from a mortgage or other loan with closed-end installments that contain a nonstandard payment...
Office Audit
What is 'Office Audit' An examination of a taxpayer's records by the Internal Revenue Service to ensure the taxpayer's compliance with tax...
Off-The-Run Treasury Yield Curve
What is 'Off-The-Run Treasury Yield Curve' The U.S. Treasury yield curve derived using off-the-run treasuries. Off-the-run treasuries refer to U.S. government bonds...
Off Board
What is 'Off Board' A stock transaction that fits one of the following two criteria: 1. A stock trade involving a...
Office Of Foreign Asset Control (OFAC)
What is 'Office Of Foreign Asset Control - OFAC' A department of the U.S. Treasury that enforces economic and trade sanctions against...
Karl Marx
Who was 'Karl Marx' Karl Marx was a philosopher and economist famous for his ideas about capitalism and communism. Marx, in conjunction...
Mandatory Convertible
What is a 'Mandatory Convertible' A mandatory convertible is a type of convertible bond that has a required conversion or redemption feature....
Make Whole Call (Provision)
What is a 'Make Whole Call (Provision)'
A make whole call provision is a sort of call provision on a bond that allows the bond...
Manufacturing Cells
DefinitionCellular manufacturing is a process of manufacturing which is a subsection of just-in-time manufacturing and lean manufacturing encompassing group technology. The goal of cellular...
Mark to Market
DefinitionMark-to-market or fair value accounting refers to accounting for the "fair value" of an asset or liability based on the current market price, or...