Export Allocations Or Quotas

Business / Agriculture / Export Allocations Or Quotas: Controls applied to exports by an exporting country to limit the amount of goods leaving that country. Such controls usually are applied in time of war or during some other emergency requiring conservation of domestic supplies, as well as to advance foreign policy and national security objectives of the exporting country. The European Union, in 1996, used a licensing system to allocate and restrict exports of wheat because of short supplies and high prices.

Outside Director

Business / Finance / Outside Director: A director of a company who is not an employee of that company and brings in outside experience to help make board decisions. MORE

Outside Corner

Business / Construction / Outside Corner: The point at which two walls form an external angle, one you usually can walk around. MORE

Overbought-Oversold Indicator

Business / Finance / Overbought-Oversold Indicator: An indicator that attempts to define when prices have moved too far and too fast in either direction and thus are vulnerable to reaction. MORE

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