The term used in England as the equivalent of the American " common stock," but which the English often divide into two classes known as "preferred shares" and "deferred shares." (See those subjects.)
Osceola Consolidated Mining Co. (Copper.)
0. T. On track. (See " On the Track.")
See " Belt Lines."
One not belonging to an exchange, as, for illustration, a " curb broker," to which refer.
This refers to dealings outside of the regular exchange.
Used in contradistinction to "insider," to which subject refer. The "outsider" is the occasional speculator or investor; one who does not make a profession of the same, and also who is not in a position to be in possession of " inside information," as it is called, regarding the affairs of the corporation in which he may happen to be investing.
The total amount of stock, bonds, or whatever the security may be, which a company has already placed upon the market. A company, for example, may be legally authorized to issue $5,000,000 in first mortgage bonds; suppose it should have issued but $2,000,000 of these, leaving $3,000,000 yet to be issued. $2,000,000 would be the amount " outstanding."
This is a term used in Great Britain, and means 1-32 of 1% more, or above, a price. To illustrate, " over 1/8," would equal 5-32.
When so many have been buying securities that the amount which they have on hand is so great that it is not easy to sell, the demand for the time being having greatly lessened, the market is said to have been "overbought," and it is natural to expect a fall in prices.
A company with more securities outstanding than it is able to return interest or dividends upon. (See "Capitalization.") Meade2 defines overcapitalization "as that condition in which the par value of the securities of a company exceeds their actual value based on profits."