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...
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...