OVEREXPOSURE

Exposure to hazardous environments or substances beyond safe limits.

twittermail
Categories: O

OVEREXTENDED

This occurs when one has taken on commitments beyond one?s capacity to meet (e.g. financial, production, orders).

twittermail
Categories: O

OVERHANG

Describes the bit of roof that extends beyond an exterior wall.

twittermail
Categories: O

OVERHAUL

To inquire into; to review ; to disturb. “The merits of a judgment can never be overhauled by an original suit.” 2 II. Bl. 414.

twittermail
Categories: O

OVERHEAD

1. A resource that is used up during a process, that is not part of the finished product. 2. Accounting: An expenditure or cost that (1) is related to either a specific operation or to the entire firm, (2) does not go on to become an important component of the merchandise and services offered, and (3) has no direct relationship to a particular output. 3. Data communications: The addition of data bits to data that is transmitted by the user, which aids in the transmission of information and sending out instructions related to the operations. 4. Utilities: The loss of energy or water incurred during the transmission of power from the power production plant to the house of the consumer.

twittermail
Categories: O

OVERHEAD ABSORPTION

Applying an amount of overhead costs that reflects the expense of producing goods or services.

twittermail
Categories: O

OVERHEAD BUDGET

A combination of direct and fixed labor costs involved in the manufacture of a product.

twittermail
Categories: O

OVERCONTRIBUTION

Paying more into a tax deductible retirement plan than is permitted for a given period of time. Usually, this results in a penalty to the contributor.

twittermail
Categories: O

OVERHEAD EXPENSE

Ongoing expenses incurred by the day-to-day running of a business. Includes utilities, rent and subscriptions.

twittermail
Categories: O