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Accounting
Banking

Overdraft

Funds that are drawn beyond the limit in a customer's account with a bank. It is a kind of a...

Overdraft Rate

An interest rate that a bank or lending institution charges on overdrafts. Overdrafts are funds drawn beyond the limit in...

Overdraft Interest Rate

An interest rate that a bank or lending institution charges on overdrafts. Overdrafts are funds drawn beyond the limit in...

Overnight Repurchase Rate

An interest rate benchmark that reflects the cost of borrowing in the interbank market (interbank funding costs). It measures the...

Overnight Rate

An interest rate that correspond to loans and deposits that carry overnight terms. For overnight deposits, lenders (overnight lenders) can...

Overnight Facility

A lending facility that is extended overnight, applying an overnight rate- that is, the interest rate at which a depository...

Overnight Deposit

A bank deposit that carries a very short term (which is the shortest amongst deposit maturities) lasting from one calendar...

Overnight Reverse Repo Rate

An overnight interest rate (overnight repo) that is set by a central bank, at which to borrow money from non-bank...

OMO

An acronym for open market operation; a practice or operation that is carried out by a central bank whereby it...

Open Market Operation

A practice or operation that is carried out by a central bank whereby it purchases or sells securities such as...