Deed In Lieu Of Foreclosure: Voluntarily signing over to a lender the property pledged as collateral on a defaulted loan. It is an alternative to a foreclosure action. Its main disadvantage to a lender is that the deed does not wipe out junior liens, as a foreclosure action would.

 

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Deed In Lieu Of Foreclosure: Voluntarily signing over to a lender the property pledged as collateral on a defaulted loan. It is an alternative to a foreclosure action. Its main disadvantage to a lender is that the deed . . . View Full Definition

Overload Principle: Used to increase strength in the body, this principle says when you lift a weight more than you are used to, your body will react causing changes, and you will be able to handle this change . . . View Full Definition

Overreaching: Used in the context of general equities. Creating artificial volume in a stock through activity not generated by normal/natural buyers and sellers in the market.

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Overlapping Debt: The portion of debt of political subdivisions or neighboring special districts that a municipality is responsible for.

Overdominance: Selection favoring heterozygotes

Overheating: An economy that is growing very quickly, with the risk of high inflation.

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Overshooting: The tendency of a pool of MBS to reflect an especially high rate of prepayments the first time it crosses the threshold for refinancing, especially if two or more years have passed since the . . . View Full Definition

Overwriting: A speculative options strategy that involves selling call or put options on stocks that are believed to be overpriced or underpriced; the options are expected not to be exercised.