Business and Personal Finance Dictionary

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• OPTIONAL DELIVERY - a mortgage loan purchase program offered by the Federal Home Loan Mortgage Corporat...
  
  
• OPTIONAL DIVIDEND - A dividends that the shareholder can elect to receive either in cash or in stock.
  
  
• OPTIONAL PAYMENT BOND - A bond whose principal and/or interest may be paid in foreign or domestic curre...
  
  
• OPTIONAL REDEMPTION - A right to retire all or part of an issue, prior to the stated maturity, during a...
  
  
• OPTIONALITY TEST - part of the NAIC security insurer provisional exemption rules: A. Optionality Test: ...
  
  
• OPTIONALLY RENEWABLE - The insurer reserves the right to cancel the policy at specific times, such as w...
  
  
• OPTIONS - These contracts give the holder the right to buy or sell securities at a set price or a set p...
  
  
• OPTIONS CLEARING CORPORATION - Is the entity through which various securities exchanges clear options t...
  
  
• OPTIONS CLEARING CORPORATION (OCC) - The Options Clearing Corporation issues all exchange-listed securi...
  
  
• OPTIONS CONTRACT - A contract that, in exchange for the option price, gives the option buyer the right,...