Tag: bank

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...

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...

Oil Sands

DefinitionOil sands, also known as tar sands or crude bitumen, or more technically bituminous sands, are a type of unconventional petroleum deposit. Oil sands...

Offline Debit Card

What is 'Offline Debit Card' A card that combines characteristics of both a traditional (online) debit card and a credit card, allowing...

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...

Ombudsman

What is 'Ombudsman' An official who investigates complaints (usually lodged by private citizens) against businesses, financial institutions and/or the government. An ombudsman...

Office Of The Comptroller Of The Currency (OCC)

What is 'Office Of The Comptroller Of The Currency - OCC' A U.S. federal agency that serves to charter, regulate and supervise...

Margin Call

DefinitionMargin Call is a 2011 American drama film written and directed by J. C. Chandor. The principal story takes place over a 24-hour period...

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...

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...

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