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Category: O

OVERBOUGHT

A market flooded with buyers for a short period of time.

OLIGOPOLY

A market with very few sellers controling the price.

OPTION REPRICING

When an option is turned into its intrinisic value and it than in the money.

OLIGOPSONY

A market with a few buyers who control the price paid.

OVERLINED

Temporarily paying off all commercial debt creating extra swingline availability.

ORJURER

L. Fr. In old English law. to forswear; to abjure.

ORDINARY DILIGENCE

is that degree of care which men of common prudence generally exercise in their affairs, in the country and the age in which they live. Erie Bank v. Smith. 3 Brewst. (Pa.)

OLCOTT V

Ga- bert. 86 Tex. 121, 23 S. W. 985. Also an overseer, (coadjutor of an executor,) and one who disseises a person of land not to his own use, but to that

OBLIGATE

To bind or constrain; to bind to the observance or performance of a duty; to place under an obligation. To bind one’s self by an obligation or promise; to as- sume a

OBSES

Lat. In the law of war. A hostage. Obsides, hostages.

OCCASIO

In feudal law. A tribute which the lord imposed on his vassals or tenants for his necessity. Hindrance; trouble; vexation by suit.

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