Tag: economic

What is an 'On-Us Item' An on-us item is a check or draft that is presented to the bank where the check...

DefinitionIn international law, odious debt, also known as illegitimate debt, is a legal theory that says that the national debt incurred by a despotic...

What is 'Odd Date' A type of maturity date for foreign-exchange contracts. Odd dates are neither spot nor fixed dates; they are...

What is 'One Man Picture' A situation in which the bid quote and ask quote for a security is provided by a...

DefinitionThe one-child policy, a part of the family planning policy, was a population planning policy of China. It was introduced in 1979 and began...

What is 'Official Staff Commentary' Commentary published by the Federal Reserve. Official staff commentaries are laid out in a question-and-answer format. They...

Source: WikipediaLast Sourced: 2021-02-01This Article has been Edited for Accessibility Further Reading Event studies in economics and financewww.jstor.org ECONOMISTS are frequently asked to...

DefinitionAn "oil field" or "oilfield" is a region with an abundance of oil wells extracting petroleum from below ground. Because the oil reservoirs typically...

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...

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...