What Is the Orphan Drug Credit? The orphan drug credit is a federal tax credit that gives pharmaceutical companies incentives to develop medications and treatments for rare diseases that affect small populations. The credit is designed to help pharmaceutical companies lower their developmental costs. The credit is for 25% of qualified clinical testing expenses. A rare
What Is an Oscillator? An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions. When the value of the oscillator approaches the upper extreme value
What Is the Oslo Stock Exchange (OSL)? The term Oslo Stock Exchange (OSL) refers to Norway’s premier stock exchange. Located in the capital city of Oslo, the exchange is the region’s major regulated market for securities trading, including equities, bonds, and exchange-traded products (ETPs). The exchange’s market capitalization as of May 13, 2022, was roughly
What Is Over-the-Counter (OTC)? Over-the-counter (OTC) is the process of trading securities via a broker-dealer network as opposed to on a centralized exchange like the New York Stock Exchange. Over-the-counter trading can involve stocks, bonds, and derivatives, which are financial contracts that derive their value from an underlying asset such as a commodity. When companies
What Is the Over-The-Counter Exchange of India (OTCEI)? The Over-The-Counter Exchange of India (OTCEI) is an electronic stock exchange based in India that consists of small- and medium-sized firms aiming to gain access to overseas capital markets, including electronic exchanges in the U.S. such as the NASDAQ. There is no central place of exchange, and all
What Is OTC Markets Group Inc.? The OTC Markets Group is the owner and operator of the most substantial U.S. inter-dealer electronic quotation and trading system for over-the-counter (OTC) securities. It provides marketplaces for trading more than 11,500 OTC securities. Key Takeaways OTC Markets Group Inc. is the largest U.S. marketplace for OTC securities with
What Is OTC Pink? The OTC Pink, now branded as the Pink Open Market, is the lowest and most speculative tier of the three marketplaces for the trading of over-the-counter (OTC) stocks. All three tiers are provided and operated by the OTC Markets Group. This marketplace offers to trade in a wide range of equities
What Is the OTCQX? The OTCQX is the top tier of the three marketplaces for the over-the-counter (OTC) trading of stocks. The OTCQX is provided and operated by the OTC Markets Group. Stocks that trade on this forum must meet more stringent qualification criteria compared to the other tiers, which are the OTCQB/OTCBB and the Pink
What Are Other Post-Retirement Benefits? Other post-retirement benefits are benefits, other than pension distributions, paid to employees during their retirement years. Post-retirement benefits may include life insurance and medical plans, or premiums for such benefits, as well as deferred-compensation arrangements. Although these benefits are mostly employer-paid, retired employees often share in the cost of these
What Are Other Current Assets (OCA)? Other current assets (OCA) is a category of things of value that a company owns, benefits from, or uses to generate income that can be converted into cash within one business cycle. They are referred to as “other” because they are uncommon or insignificant, unlike typical current asset items
