OVERSIGHT Definition

OVERSIGHT, in management, is overseeing the performance or operation of a person or group; or, generally, an unintentional omission resulting from failure to notice something.

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STRIPPED YIELD is the annual dollar dividend of a preferred stock divided by its stripped price.

TIME DRAFT is a draft that matures either a certain number of days after acceptance or a certain number of days after the date of the draft. See SIGHT DRAFT.

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