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Corporate and Institutional Glossary

Odd Dates Off-Balance Sheet Lease/Operating Lease Offer Open Account Open Cargo Insurance Policy Open Position Option Option Buyer Option Contract Option Seller Optional Dividend Originating Depository Financial Institution (ODFI) Out-Of-The-Money Outright Forward Exchange

Open Cargo Insurance Policy A marine insurance policy that applies to all shipments made by an exporter over a period of time rather than to each individual shipment only. See related terms: Insurance Certificate

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