overhang > define

noun

• Projection that extends beyond or hangs over something else.

verb

• Project over.
• Be suspended over or hang over.
  • usage: "This huge rock beetles over the edge of the town"
  • synonyms: beetle

• (v.t.) To impend or hang over.
• (v.t.) To hang over; to jut or project over.
• (n.) Specifically: The projection of an upper part (as a roof, an upper story or other part) of a building beyond the lower part; as, the overhang of a roof, of the eaves, etc.
• (n.) The portion of the bow or stem of a vessel that projects over the water beyond the water line.
• (v.i.) To jut over.
• (n.) The projection of a part beyond another part that is directly below it or beyond a part by which it is supported; as, the overhang of a shaft; i. e., its projection beyond its bearing.
• (n.) In a general sense, that which just out or projects; a projection; also, the measure of the projection; as, the overhang is five feet.

Overhang is used in the context of general equities. Sizable block of securities or commodities contracts that, if released on the market, would put downward pressure on prices; prohibits buying activity that would otherwise translate into upward price movement. Examples include shares held in a dealer's inventory, a large institutional holding, a secondary distribution still in registration, and a large commodity position about to be liquidated.