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The overnight market is the component of the money market involving the shortest term loan. The overnight market is primarily used by banks and other financial institutions. Lenders agree to lend borrowers funds only "overnight" i.e. the borrower must repay the borrowed funds plus interest at the start of business the next day. [1]
OnTrac (formerly LaserShip) is a last-mile delivery company that services the continental United States. Founded in 1986 as LaserShip, the company is based in Vienna, Virginia and has sorting centers in 31 states.
Airborne Express 767. Airborne Express was an express delivery company and cargo airline. Headquartered in Seattle, Washington, its hub was in Wilmington, Ohio. Airborne was founded as the Airborne Flower Traffic Association of California in 1946 to fly flowers from Hawaii to the US mainland. Airborne Express was acquired by DHL in 2003.
Open Buy Back. Open Buy Back ( OBB ), are discountable securities traded in the Nigerian Inter-Bank financial market. An Open Buy Back is a money market instrument used to raise short term capital. It is a form of borrowing using Nigerian Government Securities as collateral. It is an open ended transaction with both parties maintaining the ...
U.S. Special Delivery was a postal service paid for with additional postage for urgent letters and postal packets which are delivered in less time than by standard or first class mail service. Its meaning is different and separate from express mail delivery service. Essentially it meant that a postal packet was delivered from a post office to ...
Continuous duty overnight. Continuous duty overnights (CDOs) are also referred to as "stand-ups", "naps", or "high-speeds" is a scheduling practice used in regional airline operations to circumvent, or "outsmart" government flight crew minimum rest requirements. A few major airlines may also use them.