Category: O

In Scotch law. Out-towu multures; multures, duties, or tolls paid by persons voluntarily grinding corn at any mill to which they are not thirled, or bouud by tenure. 1 Forb. lust. pL 2, p. 140

In French law. The right of succession which arises to one upon the death, whether nat- ural or civil, of auother.

L. Fr. With. Modern French avcc.

1. Products, services, work or energy that is produced by a company, machine or individual in a given period. 2. Computing: Information suitable for transmission from a computer to external devices; transferring data from internal storage to external media. 3. Contracting: The intended result of a project or contracted work.

Purchase agreement that obligates a buyer to purchase (at fixed prices) everything a supplier produces during a fixed period.

A computer peripheral that converts computer output into forms that can used directly (e.g. printer) or with another device (e.g. a DVD writer).

The gap that exists between the actual GDP of a country and the GDP of the country at maximum capacity or efficiency. A negative output gap suggests improper allocation or use of resources; a positive output gap indicates inflation.

A quantifiable result of an activity or process.

A measurable standard that expresses the amount of energy, work, goods or services a process should produce in a given period.

A tax added to the selling price of goods / services and paid by the consumer (e.g. VAT).