Ordinary Income

Ordinary income is the income an individual or business earns that is taxed at the standard (marginal) income‑tax rates. It includes most forms of…

Ordinary Annuity

An ordinary annuity is a series of equal payments made at the end of regularly spaced periods (monthly, quarterly, semi‑annual, or annual) over a…

Ordinary Loss

Key takeaways – An ordinary loss arises when a taxpayer’s business or non‑capital transactions produce a loss—expenses exceed revenues or a non‑capital asset is…

Ordinary Dividends

• Ordinary dividends are distributions of a corporation’s earnings to shareholders and are the default dividend classification. – Ordinary (non‑qualified) dividends are taxed at…

Order Paper

An order paper (or order instrument) is a type of negotiable instrument that is payable to a specifically named person or to that person’s…

Orderly Market

An orderly market is one in which supply and demand are balanced enough that prices reflect true value, trades are executed efficiently and fairly,…

Order Driven Market

An order‑driven market is a trading environment in which the visible orders of all participants—the prices and quantities at which they want to buy…

Order Protection Rule

A clear explanation, practical steps, and implications for investors, brokers, and trading venues Key takeaways – The Order Protection Rule (often called Rule 611…

Order Imbalance

Definition – An order imbalance occurs when buy orders and sell orders for a particular security cannot be matched because one side far exceeds…

Order Book

An order book is the electronic record used by exchanges to list outstanding buy and sell orders for an asset (stocks, bonds, currencies, cryptocurrencies,…