Overage

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A company’s surplus, such as money or goods, which is available but exceeds the amount needed or required.

Overallotment

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On the Stock Market, the offering for sale of more shares, etc., than are actually available, in the anticipation that some orders will be cancelled.

Overbought

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On the Stock Market. a situation in which there has been too much buying of shares, etc., which has therefore caused prices to rise too high.

Overcapitalised

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Refers to a business which has been provided with more money than it needs. To overestimate the capital value of a business.

Overdraft

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Refers to the amount of money that is owed to a bank because withdrawals from an account exceed deposits. An arrangement in which a bank extends credit to a customer, usually up to a maximum amount.

Overheads

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In business, regular costs which are incurred, such as wages, rent, insurance, utilities, etc.

Overtime

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Time worked in addition to normal working hours. The pay received, usually charged at a higher rate, for working outside regular working hours.