| Offering | Making an offer to sell a new issuance of stock to the public through an underwriting. Often refers to an initial public offering (IPO). | |
| Operating Income | Earnings before deduction of interest and taxes. This is a measure of the company's earning power from ongoing operations. | |
| Overvalued Stock | Stock that trades at a higher price than the issuing company's reputation, earnings outlook, or financial situation would seem to merit. For example, one sign of potential overvaluation is a price/earnings ratio (P/E Ratio) significantly higher than average for the market as a whole and for the industry to which the corporation belongs. |
