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...
Oligopsony
What is an oligopsony and what are the effects on sellers An oligopsony is a market structure in which there are only a few buyers....
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...