Related Words

Decreasing In Light: Term applied to the waning Moon as its image (as observed from Earth) decreases from the full to the new Moon.

Originator: A bank, savings and loan, or mortgage banker that initially made a mortgage loan that is part of a pool. Also, an investment bank that has worked with the issuer of a new securities offering . . . View Full Definition

Origination Fee: An origination fee is an amount, usually calculated as a percentage of a mortgage loan or home equity loan, which a lender charges for processing your application. The origination fee may be . . . View Full Definition

Origination: The making of mortgage loans.

Original Maturity: Maturity at issue. For example, a five-year note has an original maturity of five years; one year later it has a maturity of four years.

Original Sin: A theological doctrine arguing that all humans at the moment of conception inherit collective responsibility and guilt for the sins of Adam and Eve along with an innate tendency towards evil . . . View Full Definition

Orographic Lifting: Where the flow of air is forced up and over barriers such as highlands or mountains. Moist air being forced aloft begins to cool, consequently condensation forms, and rain or snow begins to . . . View Full Definition

Orphan (international adoption definition): For immigration purposes, a child under the age of 16: • whose parents have died or disappeared • who has been abandoned or otherwise separated from both parents • whose sole surviving paren . . . View Full Definition

Ostinato: A short melodic, rhythmic, or harmonic pattern that is repeated throughout a work or a section of one.

OTC Bulletin Board: An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system.