Objective (mutual funds): The fund's investment strategy category as stated in the prospectus. T ...
Odd lot: A trading order for less than 100 shares of stock.
Odd lot dealer: A broker who combines odd lots of securities from multiple buy or sell ...
Odd-ball: Loner, person or thing left out of the group.
OFEX: An unregulated, off exchange, alternative to the official Stock Market ...
Off-balance-sheet financing: Financing that is not shown as a liability in a company's balance shee ...
Off-the-books: Cash or barter. Business done without records as a means to avoid taxa ...
Offer: Indicates a willingness to sell at a given price.
Offer price: The price at which a market maker is prepared to sell a security. Also ...
Offering memorandum: A document that outlines the terms of securities to be offered in a pr ...
Official reserves: Holdings of gold and foreign currencies by official monetary instituti ...
Official statement: A statement published by an issuer of a new municipal security describ ...
Official unrequited transfers: Include a variety of subsidies, military aid, voluntary cancellation o ...
Offset: Liquidating a purchase of futures contracts through the sale of an equ ...
Offshore (OS): Offshore is an international term meaning not only out of your country ...
Offshore finance subsidiary: A wholly owned affiliate incorporated overseas, usually in a tax haven ...
Oil patch: The U.S. oil industry; specific regions of the U.S. noted for oil prod ...
Old Lady of Threadneedle Street: The traditional jargon for the Bank of England, located in Threadneedl ...
Old-line factoring: Factoring arrangement that provides collection, insurance, and finance ...
Oligopoly: A few number of sellers.
OLS: Ordinary Least Squares (OLS) is a method for estimating the parameters ...
Ombudsman: The ombudsman (comes from Norwegian "ombudsmann" for a person who look ...
Omnibus account: An account carried by one futures commission merchant with another fut ...
Omnibus Account: An account carried by one futures commission merchant with another fut ...
OMR: Omani Rial from Oman. One Rial is made of one thousand Baisa.
On a roll: Doing well, moving forward
On the run: The most recently issued (and, therefore, typically the most liquid) g ...
One Cancels the Other Order (OCO): A combination of two orders in which the execution of either one autom ...
One man picture: The picture quoted by a broker is said to be a one-man picture if both ...
One-factor APT: A special case of the arbitrage pricing theory that is derived from th ...
One-way market: (a) A market in which only one side, the bid or asked, is quoted or fi ...
Open (good-til-cancelled) order: An individual investor can place an order to buy or sell a security. T ...
Open account: Arrangement whereby sales are made with no formal debt contract. The b ...
Open contracts: Contracts which have been bought or sold without the transaction havin ...
Open interest: The total number of derivative contracts traded that not yet been liqu ...
Open market purchase: An order placed by an insider, after all appropriate documentation has ...
Open outcry: The method of trading used at futures exchanges, typically involving c ...
Open Outcry: Method of public auction required to make bids and offers in the tradi ...
Open position: A net long or short position whose value will change with a change in ...
Open repo: A repo with no definite term. The agreement is made on a day-to-day ba ...
Open-end fund: Also called a mutual fund, an investment company that stands ready to ...
Open-end mortgage: Mortgage against which additional debts may be issued.
Open-market operation: Purchase or sale of government securities by the monetary authorities ...
Open-market purchase operation: A systematic program of repurchasing shares of stock in market transa ...
Opening price: The range of prices at which the first bids and offers were made or fi ...
Opening purchase: A transaction in which the purchaser's intention is to create or incre ...
Opening sale: A transaction in which the seller's intention is to create or increase ...
Opening, the: The period at the beginning of the trading session officially designat ...
Operating cash flow: Earnings before depreciation minus taxes. It measures the cash generat ...
Operating cycle: The average time intervening between the acquisition of materials or s ...
Operating exposure: Degree to which exchange rate changes, in combination with price chang ...
Operating lease: Short-term, cancelable lease. A type of lease in which the period of c ...
Operating leverage: Fixed operating costs, so-called because they accentuate variations in ...
Operating profit margin: The ratio of operating margin to net sales.
Operating risk: The inherent or fundamental risk of a firm, without regard to financia ...
Operationally efficient market: Also called an internally efficient market, one in which investors can ...
Opinion shopping: A practice prohibited by the SEC which involves attempts by a corporat ...
Opportunity cost of capital: Expected return that is foregone by investing in a project rather than ...
Opportunity costs: The difference in the performance of an actual investment and a desire ...
Opportunity set: The possible expected return and standard deviation pairs of all portf ...
Optimal contract: The contract that balances the three types of agency costs (contractin ...
Optimal portfolio: An efficient portfolio most preferred by an investor because its risk/ ...
Optimal redemption provision: Provision of a bond indenture that governs the issuer's ability to cal ...
Optimization approach to indexing: An approach to indexing which seeks to optimize some objective, such ...
Option: Gives the buyer the right, but not the obligation, to buy or sell an a ...
Option class: All options of the same type (call or put) on a particular stock.
Option elasticity: The percentage increase in an option's value given a 1% change in the ...
Option not to deliver: In the mortgage pipeline, an additional hedge placed in tandem with th ...
Option premium: The option price.
Option price: Also called the option premium, the price paid by the buyer of the opt ...
Option seller: Also called the option writer , the party who grants a right to trade ...
Option writer: An option writer is the option seller.
Option-adjusted spread (OAS): (a) The spread over an issuer's spot rate curve, developed as a measur ...
Options contract: A contract that, in exchange for the option price, gives the option bu ...
Options contract multiple: A constant, set at $100, which when multiplied by the cash index value ...
Options on physicals: Interest rate options written on fixed-income securities, as opposed t ...
Order: Instruction to a broker/dealer to buy, sell, deliver, or receive secur ...
Organized exchange: A securities marketplace wherein purchasers and sellers regularly gath ...
Original face value: The principal amount of the mortgage as of its issue date.
Original issue discount debt (OID debt): Debt that is initially offered at a price below par.
Original margin: The margin needed to cover a specific new position.
Original maturity: Maturity at issue. For example, a five year note has an original matur ...
Original principal balance: The total amount of principal owed on a mortgage before any payments a ...
Origination: The making of mortgage loans.
Oslo Stock Exchange: In the early 1800s, Norway was a country of farmers and fishermen. Chr ...
OTC: A security that is neither listed on any stock exchange, nor quoted on ...
OTCBB: The OTC Bulletin Board (OTCBB) is a regulated quotation service that d ...
Other capital: In the balance of payments, other capital is a residual category that ...
Other current assets: Value of non-cash assets, including prepaid expenses and accounts rece ...
Other long term liabilities: Value of leases, future employee benefits, deferred taxes and other ob ...
Other sources: Amount of funds generated during the period from operations by sources ...
Out-of-the-money: An option that has a negative value if exercised immediately. For exam ...
Out-of-the-money option: A call option is out-of-the-money if the strike price is greater than ...
Outright rate: Actual forward rate expressed in dollars per currency unit, or vice ve ...
Outsourcing: The practice of purchasing a significant percentage of intermediate co ...
Outstanding share capital: Issued share capital less the par value of shares that are held in the ...
Outstanding shares: Shares that are currently owned by investors.
Over-the-counter market (OTC): A decentralized market (as opposed to an exchange market) where geogra ...
Overallotment: More shares (or other instrument) has been alloted to buyers or invest ...
Overbought: A technical opinion that the market price has risen too steeply and to ...
Overbought\oversold indicator: An indicator that attempts to define when prices have moved too far an ...
Overfunded pension plan: A pension plan that has a positive surplus (i.e., assets exceed liabil ...
Overhang: Refers to stock options. It is calculated as to stock options granted ...
Overlay strategy: A strategy of using futures for asset allocation by pension sponsors t ...
Overnight delivery risk: A risk brought about because differences in time zones between settlem ...
Overnight position: Trader's long or short position in a currency at the end of a trading ...
Overnight repo: A repurchase agreement with a term of one day.
Overnight Trade: A trade which is not liquidated on the same trading day in which it wa ...
Overperform: When a security is expected to appreciate at a rate faster than the ov ...
Overreaction hypothesis: The supposition that investors overreact to unanticipated news, result ...
Overshooting: The tendency of a pool of MBSs to reflect an especially high rate or p ...
Oversold: A technical opinion that the market price has declined too steeply and ...
Oversubscribed issue: Investors are not able to buy all of the shares or bonds they want, so ...
Oversubscription: An oversubscription of shares on an IPO means that there was much more ...
Oversubscription privilege: In a rights issue, arrangement by which shareholders are given the rig ...
Odd lot: A trading order for less than 100 shares of stock.
Odd lot dealer: A broker who combines odd lots of securities from multiple buy or sell ...
Odd-ball: Loner, person or thing left out of the group.
OFEX: An unregulated, off exchange, alternative to the official Stock Market ...
Off-balance-sheet financing: Financing that is not shown as a liability in a company's balance shee ...
Off-the-books: Cash or barter. Business done without records as a means to avoid taxa ...
Offer: Indicates a willingness to sell at a given price.
Offer price: The price at which a market maker is prepared to sell a security. Also ...
Offering memorandum: A document that outlines the terms of securities to be offered in a pr ...
Official reserves: Holdings of gold and foreign currencies by official monetary instituti ...
Official statement: A statement published by an issuer of a new municipal security describ ...
Official unrequited transfers: Include a variety of subsidies, military aid, voluntary cancellation o ...
Offset: Liquidating a purchase of futures contracts through the sale of an equ ...
Offshore (OS): Offshore is an international term meaning not only out of your country ...
Offshore finance subsidiary: A wholly owned affiliate incorporated overseas, usually in a tax haven ...
Oil patch: The U.S. oil industry; specific regions of the U.S. noted for oil prod ...
Old Lady of Threadneedle Street: The traditional jargon for the Bank of England, located in Threadneedl ...
Old-line factoring: Factoring arrangement that provides collection, insurance, and finance ...
Oligopoly: A few number of sellers.
OLS: Ordinary Least Squares (OLS) is a method for estimating the parameters ...
Ombudsman: The ombudsman (comes from Norwegian "ombudsmann" for a person who look ...
Omnibus account: An account carried by one futures commission merchant with another fut ...
Omnibus Account: An account carried by one futures commission merchant with another fut ...
OMR: Omani Rial from Oman. One Rial is made of one thousand Baisa.
On a roll: Doing well, moving forward
On the run: The most recently issued (and, therefore, typically the most liquid) g ...
One Cancels the Other Order (OCO): A combination of two orders in which the execution of either one autom ...
One man picture: The picture quoted by a broker is said to be a one-man picture if both ...
One-factor APT: A special case of the arbitrage pricing theory that is derived from th ...
One-way market: (a) A market in which only one side, the bid or asked, is quoted or fi ...
Open (good-til-cancelled) order: An individual investor can place an order to buy or sell a security. T ...
Open account: Arrangement whereby sales are made with no formal debt contract. The b ...
Open contracts: Contracts which have been bought or sold without the transaction havin ...
Open interest: The total number of derivative contracts traded that not yet been liqu ...
Open market purchase: An order placed by an insider, after all appropriate documentation has ...
Open outcry: The method of trading used at futures exchanges, typically involving c ...
Open Outcry: Method of public auction required to make bids and offers in the tradi ...
Open position: A net long or short position whose value will change with a change in ...
Open repo: A repo with no definite term. The agreement is made on a day-to-day ba ...
Open-end fund: Also called a mutual fund, an investment company that stands ready to ...
Open-end mortgage: Mortgage against which additional debts may be issued.
Open-market operation: Purchase or sale of government securities by the monetary authorities ...
Open-market purchase operation: A systematic program of repurchasing shares of stock in market transa ...
Opening price: The range of prices at which the first bids and offers were made or fi ...
Opening purchase: A transaction in which the purchaser's intention is to create or incre ...
Opening sale: A transaction in which the seller's intention is to create or increase ...
Opening, the: The period at the beginning of the trading session officially designat ...
Operating cash flow: Earnings before depreciation minus taxes. It measures the cash generat ...
Operating cycle: The average time intervening between the acquisition of materials or s ...
Operating exposure: Degree to which exchange rate changes, in combination with price chang ...
Operating lease: Short-term, cancelable lease. A type of lease in which the period of c ...
Operating leverage: Fixed operating costs, so-called because they accentuate variations in ...
Operating profit margin: The ratio of operating margin to net sales.
Operating risk: The inherent or fundamental risk of a firm, without regard to financia ...
Operationally efficient market: Also called an internally efficient market, one in which investors can ...
Opinion shopping: A practice prohibited by the SEC which involves attempts by a corporat ...
Opportunity cost of capital: Expected return that is foregone by investing in a project rather than ...
Opportunity costs: The difference in the performance of an actual investment and a desire ...
Opportunity set: The possible expected return and standard deviation pairs of all portf ...
Optimal contract: The contract that balances the three types of agency costs (contractin ...
Optimal portfolio: An efficient portfolio most preferred by an investor because its risk/ ...
Optimal redemption provision: Provision of a bond indenture that governs the issuer's ability to cal ...
Optimization approach to indexing: An approach to indexing which seeks to optimize some objective, such ...
Option: Gives the buyer the right, but not the obligation, to buy or sell an a ...
Option class: All options of the same type (call or put) on a particular stock.
Option elasticity: The percentage increase in an option's value given a 1% change in the ...
Option not to deliver: In the mortgage pipeline, an additional hedge placed in tandem with th ...
Option premium: The option price.
Option price: Also called the option premium, the price paid by the buyer of the opt ...
Option seller: Also called the option writer , the party who grants a right to trade ...
Option writer: An option writer is the option seller.
Option-adjusted spread (OAS): (a) The spread over an issuer's spot rate curve, developed as a measur ...
Options contract: A contract that, in exchange for the option price, gives the option bu ...
Options contract multiple: A constant, set at $100, which when multiplied by the cash index value ...
Options on physicals: Interest rate options written on fixed-income securities, as opposed t ...
Order: Instruction to a broker/dealer to buy, sell, deliver, or receive secur ...
Organized exchange: A securities marketplace wherein purchasers and sellers regularly gath ...
Original face value: The principal amount of the mortgage as of its issue date.
Original issue discount debt (OID debt): Debt that is initially offered at a price below par.
Original margin: The margin needed to cover a specific new position.
Original maturity: Maturity at issue. For example, a five year note has an original matur ...
Original principal balance: The total amount of principal owed on a mortgage before any payments a ...
Origination: The making of mortgage loans.
Oslo Stock Exchange: In the early 1800s, Norway was a country of farmers and fishermen. Chr ...
OTC: A security that is neither listed on any stock exchange, nor quoted on ...
OTCBB: The OTC Bulletin Board (OTCBB) is a regulated quotation service that d ...
Other capital: In the balance of payments, other capital is a residual category that ...
Other current assets: Value of non-cash assets, including prepaid expenses and accounts rece ...
Other long term liabilities: Value of leases, future employee benefits, deferred taxes and other ob ...
Other sources: Amount of funds generated during the period from operations by sources ...
Out-of-the-money: An option that has a negative value if exercised immediately. For exam ...
Out-of-the-money option: A call option is out-of-the-money if the strike price is greater than ...
Outright rate: Actual forward rate expressed in dollars per currency unit, or vice ve ...
Outsourcing: The practice of purchasing a significant percentage of intermediate co ...
Outstanding share capital: Issued share capital less the par value of shares that are held in the ...
Outstanding shares: Shares that are currently owned by investors.
Over-the-counter market (OTC): A decentralized market (as opposed to an exchange market) where geogra ...
Overallotment: More shares (or other instrument) has been alloted to buyers or invest ...
Overbought: A technical opinion that the market price has risen too steeply and to ...
Overbought\oversold indicator: An indicator that attempts to define when prices have moved too far an ...
Overfunded pension plan: A pension plan that has a positive surplus (i.e., assets exceed liabil ...
Overhang: Refers to stock options. It is calculated as to stock options granted ...
Overlay strategy: A strategy of using futures for asset allocation by pension sponsors t ...
Overnight delivery risk: A risk brought about because differences in time zones between settlem ...
Overnight position: Trader's long or short position in a currency at the end of a trading ...
Overnight repo: A repurchase agreement with a term of one day.
Overnight Trade: A trade which is not liquidated on the same trading day in which it wa ...
Overperform: When a security is expected to appreciate at a rate faster than the ov ...
Overreaction hypothesis: The supposition that investors overreact to unanticipated news, result ...
Overshooting: The tendency of a pool of MBSs to reflect an especially high rate or p ...
Oversold: A technical opinion that the market price has declined too steeply and ...
Oversubscribed issue: Investors are not able to buy all of the shares or bonds they want, so ...
Oversubscription: An oversubscription of shares on an IPO means that there was much more ...
Oversubscription privilege: In a rights issue, arrangement by which shareholders are given the rig ...
