Category: O

When a buyer is paid off based on how much better the market does than the strike price.

The means by which a company helps recently laid off employees find alternative employment. Typically involves the commission of an outside agency, paid for by the company doing the laying off.

Facility that is far from the main plant.

A liberty or privilege in the ancient common law, whereby a lord was enabled to call any man dwelling in his manor, and taken for felony in another place out of his fee, to judgment in his own court Du Cange.

An initial set of specifications, upon which more detailed specifications are based later in the design process.

1. An allowance made by the United States government to one of its dip- lomatic representatives going abroad, for the expense of his equipment 2. This term, in its original use, as applying to ships, embraced those objects conuect- ed with a ship which were necessary for the sailing of her, and without which she would not in fact be navigable. But in ships engaged in whaling voyages the word has acquired a much more extended signification. Macy v. Whaling Ins. Co., 9 Mete. ((Mass.) 364.

Transferring money from one account to another, to pay for products or services.

Operating costs that exceed income generation.

A calling men out to the army by sound of horn. Jacob.

Any house necessary for the purposes of life, in which the owner does not make his constant or principal residence, is an outhouse. State v. O’Brien, 2 Root (Conn.) 516. A smaller or subordinate building connected with a dwelling, usually detached from it and standing at a little distance from it, not intended for persons to live in, but to serve some purpose of convenience or necessity; as a barn, a dairy, a toolhouse, and the like.