Category: O

A type of insurance for business owners that pays overheads if the policy holder becomes disabled.

1. Loan arrangement that enables individuals or businesses to borrow up to an agreed limit without prior approval. Overdrafts can be paid off at any time and interest is charged on the daily debit balance. Overdrafts can be ?called? by a bank, usually in response to a fall in the borrower?s credit rating, the suspicion that the borrower may default on the overdraft loan, or when the borrower has not paid off an overdraft loan and it has become a ?hardcore? debt. 2. The debit balance of a bank account where more funds have been withdrawn than have been deposited.

Calculated by dividing overhead costs over a given period by production activity.

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

When bankers tell analysts about new developments.

This method is used to determine whether specific security prices are moving too much in one direction or the other.

This report is lodged by the receiver of shipment. In this report a claim against the carrier of the shipment is made to cover the cost of over-shipment, short-shipment and goods damaged during shipment.

When production capacity exceeds the demand for a product.

When a certification authority approves a greater payment than is actually due.

When excess collateral is used to enhanse credit.