Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: O

Optional Coverage

Insurance coverage provided by a policy that is beyond what is required by law. Includes Collision Coverage and Comprehensive Coverage.

Occasional Driver

A person who operates an insured vehicle who is not considered the primary or principle driver.

OUT-OF-POCKET EXPENSES

the term given to the money a person spends to defray the expenses of carrying out his usual duties of his job.

OFFENSE CONTINUING

a term that is applied to the series of unlawful acts that are carried out frequently by the same person.

OPEN-END CONTRACT

a term that is given to an agreement where the exact amount of goods to be bought isn’t specified.

ORIGINAL ENTRY

a term that is given to the first entry that is made in an account book for a particular account.

OPEN-END AGREEMENT

a term that is used for a settlement that is made in a worker’s compensation case where payments will continue for as long as the person is no able to work.

OFFER AND ACCEPTANCE

term that denotes that there is an agreement between 2 or more parties about the terms of a contract.

OLD-AGE ASSISTANCE

a term that is given to the financial assistance that is given to the poor and the elderly people.

OPTION TO PURCHASE

the granting of a right to the potential purchaser to be able top buy the product at a certain price.

OPENING STATEMENT

a term that is given to the initial statement of the attorney to the judge or the judge to a jury.

OPEN HEARING

the name of an investigation that is open to the public and is not a closed.

ODIUM

a term that describes hated and malice.

ORIGINAL PROCESS

This a term that applies to the procedure and the method that is sued to commence a law suit.

OATH PURGATORY

the term applied to a sworn statement where a person purges himself and attempts to clear himself of wrong doing or misconduct.

OATH OF CALUMNY

the name of the oath that the plaintiff makes in his suit against the defendant based on truth and not because of malice or deceit.

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