SKIP TO SITE NAVIGATION  |  SWITCH TO GRAPHICAL VERSION

Corporate and Institutional Glossary

Alphabetical Listing
Search  
K X Y Z #
O
Odd Dates
Off-Balance Sheet Lease/Operating Lease
Offer
Open Account
Open Cargo Insurance Policy
Open Position
Option
Option Buyer
Current TermOption Contract
Option Seller
Optional Dividend
Originating Depository Financial Institution (ODFI)
Out-Of-The-Money
Outright Forward Exchange
Option Contract
A contract for the purchase or sale of a certain amount of foreign currency at a specific price up to and including a certain time on the expiration date. For the payment of a fee, called the premium, the purchaser/seller may or may not exercise the contract. Not the same as a variable delivery date contract.

Email this article

Access Accounts
Corporate & Institutional Login

Corporate & Institutional Customer Service

Corporate & Institutional Contacts
Corporate & Institutional FAQs
Site Map
Glossary
Search


Navigation

Corporate & Institutional Section Navigation

Main Sections of the Site

Search