Glossary
Organized Trading System
An alternative electronic market for trading financial instruments (such as shares, bonds, derivatives, etc.) that ensures transparency, oversight, and compliance with market rules, without being a regulated exchange. According to the Markets in Financial Instruments Act, it is organized and managed by an investment intermediary or market operator and is subject to licensing by the Financial Supervision Commission.
Overdraft
A type of short-term credit provided through a checking account or debit card, allowing the account holder to temporarily withdraw funds beyond the available balance up to a specified limit.
Over-indebtedness
A condition in which the total amount of debts exceeds an individual’s or legal entity’s ability to repay them.
Over-the-Counter Market (OTC)
A decentralized financial market where transactions are conducted via bilateral agreements between participants without a centralized regulatory system. Securities are traded by dealers and brokers connected through electronic networks. Also referred to as the “off-exchange market”.
Own Business - glossary for children
An activity carried out by an entrepreneur to produce or offer goods and services and earn money for themselves.
Partners
