Related Words

Auction Market Preferred Stock (AMPS): A type of Dutch Auction Preferred Stock (A Merrill Lynch product).

Overlap The Market: Used in the context of general equities. Create a crossed market by expressing a willingness to sell on the bid side of the market and buy on the offer side.

Pacific Stock Exchange: Used for listed equity securities. Regional exchange located in Los Angeles and San Francisco; only U.S. exchange open between 4:00 and 4:30.

Overall Market Price Coverage: Total assets less intangibles divided by the total of the market value of the security issue and the book value of liabilities and issues having a prior claim. This is used to determine how . . . View Full Definition

Outside Market: Used in the context of general equities. Outside the inside market (above the lowest offering and below the highest bid).

OTC Margin Stock: Shares traded over-the-counter that can be used as margin securities under Regulation T.

Out-Of-Favor Industry Or Stock: An unpopular industry or stock that usually has a low price-earnings ratio.

Outstanding Stock: Issued stock that is still being held by investors.

Packers And Stockyards Act Of 1921: P.L. 67-51 (August 15, 1921) remains, in amended form, the basic authority for USDA to regulate marketing practices in the livestock, poultry, and meat industries. The law was enacted to pre . . . View Full Definition

Perfect Capital Market: A market in which there are never any arbitrage opportunities.