Tag: accounting
Odd Lot
What is an 'Odd Lot' An odd lot is an order amount for a security that is less than the normal unit...
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...
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...
Off Board
What is 'Off Board' A stock transaction that fits one of the following two criteria: 1. A stock trade involving a...
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...
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...
Managerial Accounting
DefinitionIn management accounting or managerial accounting, managers use the provisions of accounting information in order to better inform themselves before they decide matters within...
Manipulation
What is 'Manipulation' Manipulation is the act of artificially inflating or deflating the price of a security. In most cases, manipulation is...
Manager Of Managers (MOM)
What is 'Manager Of Managers - MOM' A class of financial intermediary that hires professional investment managers to oversee aspects of a...
Management Risk
What is 'Management Risk' The risks associated with ineffective, destructive or underperforming management, which hurts shareholders and the company or fund being...