In old English law . A forfeiture for contempt or neglect in not pursuing a malefactor . 3 Inst. 116.

A superintendent or supervisor ; a public officer whose duties involve general superintendence of routine affairs.

Occurs when a salesman continues trying to sell a product even after a consumer has agreed to buy it.

Activity that occurs when feedback or corrective action is delayed or poor. Most evident in the collapse of economic cycles and social units, when natural resources are exhausted and when […]

Occurs when exchange rates overreact to changes in the short-term and equilibrium is only achieved in the long-term.

In Scotch law. An umpire appointed by a submission to decide where two arbiters have differed in opinion, or he is named by the arbiters themselves, under powers given them […]

A market with excessive selling for a short period of time.

The act of exaggerating facts.

An Initial Public Offering (IPO) that attracts more demand than the offering size is considered oversubscribed , and will typically trade above the offering price when it hits the stock […]

It is the condition where the number of shares is less than the demand from buyers. The stock price is pushed higher as a result.

This is the arrangement under which a number of share holders can apply to purchase the portion of a rights issue that is not distributed.

The amount of goods in excess of immediate demand. Oversupply results in lowering of prices, reduced profits and increased costs from storing excess inventory.

Open; manifest; public; Issuing in action, as distinguished from that which rests merely in inteution or design.

A physical action that gives someone reasonable belief that another party intends to harm or kill them, used to justify self-defense .

Hours that are worked in addition to an employees usual working hours (depending on company rules, contracts, union agreements and the law).

Known as time and a half, refers to the fact that employees earn 50% more than their usual hourly rate when working overtime.

Overtime that has been planned ahead of time, to facilitate early completion of a job, or to provide out of hours support.

1. General: Occurs when a business conducts more transactions than its working capital can sustain, straining cash flow and creating the risk of insolvency . 2. Securities trading: A traders […]

An opening; a proposal.

A portfolios investments are overweight when the percentage amount invested in a particular market is greater than the markets proportional share of total capitalization . Opposite of UNDERWEIGHT .

Equality. This word is used in law in several compound phrases, as fol- lows: 1. Owelty of partition is a sum of money paid by one of two coparceners or […]

Something unpaid. A debt, for example, is owing while it is unpaid, aud whether it be due or not. Coquard v. Bank of Kansas City, 12 Mo. App. 261; Mus- […]

In English law . Persons who carried wool, etc., to the sea-side by uight, in order that it might be shipped off contrary to law . Jacob.

In English law . The offense of transporting wool or sheep out of the king- dom ; so culled from its being usually carried on in the night. 4 Bl. […]

The increase (or decrease) in the demand for a product, divided by the decrease (or increase) in its price, assuming other variables remain constant.