The fund's investment strategy category as stated in the prospectus . There are more than 20 standardized categories. Odd lot A trading order for less than 100 shares of stock. Compare round lot . A broker who combines odd lots of securities from multiple buy or sell orders into round lots and executes transactions in those round lots.
Offer Indicates a willingness to sell at a given price.
Offering memorandum A document that outlines the terms of securities to be offered in a private placement . Official reserves Holdings of gold and foreign currencies by official monetary institutions. A statement published by an issuer of a new municipal security describing itself and the issue Official unrequited transfers Include a variety of subsidies, military aid, voluntary cancellation of debt , contributions to international organizations, indemnities imposed under peace treaties, technical assistance, taxes, fines, etc. Offset Elimination of a long or short position by making an opposite transaction. Offshore finance subsidiary A wholly owned affiliate incorporated overseas, usually in a tax haven country, whose function is to issue securities abroad for use in either the parent's domestic or its foreign business.