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Obsolete Securities |
Bonds that have matured and have been retired and canceled; stocks or bonds of corporations that are abandoned or defunct or that have temporally suspended operations without actually dissolving |
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Odd Lot |
On stock exchanges, a smaller unit of trading than the standard unit of trading, known as a board, full, or round lot |
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Odd Lot Dealers |
The highly specialized business of providing a market at all times for odd lots of stocks on the New York Stock Exchange, which originated as far back as 1871 |
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Odd Lot Trading |
Buying or selling in other than the established unit or round lot |
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Off |
A stock market expression indicating prices below preceding level; without, e.g., dividend off refers to without dividend |
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Offer |
A bid; a price named at which one is willing to buy; the price at which one is willing to sell |
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Oligopoly |
A market condition in which relatively few firms produce identical or similar products |
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Open Order |
An order to buy or sell a security that remains in effect until it is either executed or canceled by the customer |
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Open Outcry |
A reference to markets or exchanges where orders are placed and accepted using gestures and shouts |
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Opening Price |
The price at which the first sale for the day of any security is made |
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Option |
The privileges of buying and/or selling specified securities or commodities in specified amounts, at specified prices, and for a specified duration of time |
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Options Activity Ratio |
A speculative index based on the level of options activity compared with the volume of trading in the stock market |
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Orders |
Instructions to a broker to buy or sell securities or commodities |
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Ordinary Shares |
The English equivalent of US common stock, classified into preferred shares and deferred shares |
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Outstanding |
Not presented for payment; stock shares that have been authorized and held by shareholders |
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Over |
A prefix signifying higher, an amount in excess of |
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Over-The-Counter Market |
A major securities market subject to monitoring and on-site inspection and examination by the National Association of Securities Dealers, Inc. |
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Overissue |
An issue of stock or bonds by a corporation in excess of the amount authorized |
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Oversubscription |
A condition that exists when the aggregate of subscriptions contracting to buy an issue of securities offered to the public exceeds the amount of the issue |
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