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

ON PACK PREMIUM

A discount or gift voucher that is placed on a product or its packaging to increase the likelihood of impulse purchases. Often used with products new to the market.

ON THE FACE

Immediately evident, based on superficial observation.

ON THE JOB TRAINING (OJT)

Training provided to inexperienced employees during the initial stages of employment. This is usually delivered by a professional trainer or an experienced employee, and typically consists of “hands-on” training. If supported by

ON THE RECORD

An interview, meeting or courtroom session of which a written, audio or video record is kept as permanent evidence.

ON-CARRIAGE

This is transportation that is provided after the goods are discharged at port, usually until final delivery.

ONCOGENIC

An adjective that describes something known to cause tumors, or to be directly linked to the appearance of tumors.

ONE SATISFACTION RULE

A plaintiff should only receive one remedy for any particular claim. If multiple remedies are available, the plaintiff must choose one, or divide restitution amongst the available remedies.

ONE STOP SHOP

A location that provides just about everything a customer needs. This applies to various processes, like borrowing of funds, the obtainment of information or access to public services.

ONE-OFF

This is a one-time promotion that will never happen again, which must be recorded as such on the company’s ledger.

ONEROUS CONTRACT

When a contract?s terms cost more to satisfy than the projected economic benefits, it may be described as onerous. A lease contract might be described in this way.

ONE-SHOTS

This is a type of system commonly used by governments to record expenses that may be used only within a specific contractual period.

ONE-TIME BUYER

A consumer who purchases only one product or service from a business. With the correct incentives, a one-time buyer may become a repeat customer.

ONE-TIME ONLY ADDITION

This is an expense that, once completed, will not usually be incurred again. This might be a one-time project or acquisition, like a computer. This purchase might last for more than one

ONE-TIME ONLY DEDUCTION

This is a tax deduction that will normally only apply for one tax year. A homeowner may get a one-time only tax deduction in the year that they sell their house, for

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.

ONLINE

1. A device that is connected to the Internet or other network. 2. Documents, files or web page that are accessible for reading and downloading by users of a particular network (usually

ONLINE ADVERTISING

The use of websites, search engines and emails, to send promotional messages to Internet users. Because a site?s visitors often share information about themselves during registration, this advertising can be tailored to

ONLINE ADVERTISING MEASURES

There are five basic measures for online marketing: 1. Number of unique visitors. 2. Number of visits to a particular website. 3. Number of page views (a website usually consists of multiple

ONLINE BANKING

A service that enables users to access their bank accounts, conduct transactions and view their transaction history via the Internet (rather than over the telephone or in person).

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This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.