The Law Dictionary

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

Category: O

ORDER OF REFERENCE

the term used for the direction of a court to appoint a refer in order to decide a case.

OATH PURGATORY

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

OWNER JOINT

term that is given to a person who owns property with other people.

OFFENSE CRIMINAL

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

OPTION TO PURCHASE

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

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

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 (O3)

Former due to the radiation of solar beams on oxygen in the lower portion of the stratosphere, Ozone is a gas that has a faint blue color. It is an unstable gas

OZONE DEPLETING SUBSTANCE

Any substance that brings about a reduction in the ozone layer gas in our atmosphere. Generally CFC (chlorofluorocarbons), halon (used in spray cans), certain solvent materials as well as refrigerating material and

OZONE DEPLETION

Reduction in the amount of ozone gas layer in the stratosphere. This is usually caused by greenhouse gases, or to be precise, ozone depleting substances.

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

OZONE HOLE

An ozone hole is the significant thinning of the ozone layer at a certain point, exposing a ‘hole’.

OZONE LAYER

A protective covering of ozone gas in the lower levels of the stratosphere. The main purpose of the ozone layer is to prevent ultraviolet rays that emanate from the sun from entering

OBJECTIVE PROBABILITY

Quantification or the possibility of an occurrence based on thorough analysis and measurements as opposed to subjective evaluation.

OBSOLESCENCE RISK

The risk that is undertaken on the company’s use of a product that is obsolete.It significantly affects their business and revenues. Technology companies are the most susceptible to this risk.

OCCUPATIONAL HAZARD

The potential risks to life or functioning of an individual that is inherently associated with his occupation or work environment. Some of these hazards lead to the contraction of a disease or

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