Tag: financial
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...
Mandatory Convertible
What is a 'Mandatory Convertible' A mandatory convertible is a type of convertible bond that has a required conversion or redemption feature....
Karl Marx
Who was 'Karl Marx' Karl Marx was a philosopher and economist famous for his ideas about capitalism and communism. Marx, in conjunction...
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...
Off Board
What is 'Off Board' A stock transaction that fits one of the following two criteria: 1. A stock trade involving a...
Off-The-Run Treasury Yield Curve
What is 'Off-The-Run Treasury Yield Curve' The U.S. Treasury yield curve derived using off-the-run treasuries. Off-the-run treasuries refer to U.S. government bonds...
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...
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...
One-Cancel-All Order (OCA)
What is 'One-Cancel-All Order (OCA)'
A One-Cancel-All (OCA) order is a type of options order that gives the trader the ability to place multiple options...