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

Category: O

OATH ASSERTORY

1. an oath that relates to the past or present and not the future. 2. An oath required by law but not in a judicial proceeding.

OF COUNSEL

a term applied to the attorney who is engaged to help another attorney to try a case.

OFFENSE CRIMINAL

a term that describes a misdemeanour and a felony. See criminal offense.

OXYGENATE

Chemicals that are used to raise the oxygen level in a blend of gasoline. This is done to reduce the polluting substances from the exhaust gases and to increase the octane rating.

OXYGENATED FUEL

Known commonly as oxyfuel, oxygenated fuel is merely a blend of gasoline which contains oxygenates.

OZONE DEPLETION POTENTIAL (ODP)

A relative value that is calculated in comparison to chlorofluorocarbon11, which is referenced with a value of 1. This relative value is used to determine the level of damage that a ubstance

OXIDIZING AGENT

Those substances which release oxygen when the temperature goes above a certain point, causing sensitive organic material to ignite. An oxidizing agent can also be referred to as an oxidant. An example

OXY-ACETYLENE WELDING

A welding process created with the help of gases. Coalescence occurs when an oxygen flame mixes with acetylene gases when ignited.

OXYGEN DEMANDING MATERIAL

Decomposed material such as food waste and dead plant/ animal tissue which makes use of oxygen during the decomposition process. It reduces the amount of oxygen in the environment.   See Oxygen

OBJECT LINKING AND EMBEDDING (OLE)

A technology developed by Microsoft that allows for information from different media to be inserted into another file through two methods. (1) Linking: The files involved are separate, But through a link,

OCCUPATIONAL DISEASE

Diseases or disorders to the health caused due to an involvement in a particular occupation. Reffered to as industrial disease, it causes cancers in workers in the chemical industry, and other such

OFF BALANCE SHEET FINANCING (OBSF)

The financial contribution of sources that are neither equity investors or lenders, and thus are not included in the presentation of the asset and liability balance sheet. Through the use of OBSF,a

OFFICE AUTOMATION

The use of automated machines to carry out tasks that would otherwise require a person with clerical skills to communicate, document and complete tasks.

OFFICIALS

1. A person or a group of individuals who are tasked with assuming the responsibility for the control and regulation of an activity that is fair to all participating parties. They are

OFFSHORE OUTSOURCING

Work completed at a much lower cost for the company by the people in another country. Also, offshore outsourcing is used to accomplish tasks that the company is sometimes ill-equipped to deal

OKUN’S LAW

Stated by US economics professor Arthur M. Okun, the law defines the relationship between a fall in Gross National Product and unemployment. It states that unemployment increases by one percent for every

ON DEMAND PRINTING (ODP)

Using advanced printing technology, ODP can produce a commercial quality print run of up to a few hundred copies in just a few hours.

ONE-WRITE SYSTEM

This is a system that captures all data when a transaction is made. Erasing the need to copy information later makes this an efficient system.

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