USO

American

Or U.S.O.

United Service Organizations.

USO British

abbreviation

United Service Organization

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

USO holds West Texas Intermediate crude oil futures contracts, along with swaps and cash instruments.

From Barron's

Oil prices surged about 50% in the past month due to the Iran war, while short interest in the USO fund also rose 50%.

From Barron's

Oil prices and the USO fund gained almost 46% since the Iran conflict began on Feb. 28, according to FactSet.

From MarketWatch

The USO fund pulled in almost $1 billion from investors in the past nine trading days through March 12, whereas SPY was hit by $12.6 billion of outflows, according to FactSet data.

From MarketWatch

Buying has been particularly pronounced over the past week — with USO, the biggest U.S. oil ETF, seeing its largest daily inflows on record.

From MarketWatch

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023