OUGHT

This word, though generally directory only, will be taken as mandatory if the context requires it. Life AssÕn v. St Louis County Assessors, 49 Mo. 518.

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OUT OF POCKET COST

Cost that involves spending cash within an accounting period.

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OUNCE

The twelfth part; the twelfth part of a pound troy or the sixteenth part of a pound avoirdupois.

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OUT OF POCKET EXPENSE

Expenses paid for with an employee?s own money on behalf of the employer.

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OUNCE LANDS

Certain districts or tracts of lands In the Orkney Islands were formerly so called, because each paid an annual tax of one ounce of silver.

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OUT OF POCKET LIMIT

The highest amount a healthcare policy holder pays before his insurance begins to cover healthcare expenses.

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OURLOP

The lierwite or fine paid to the lord by the inferior tenant when his daughter was debauched. Cowell.

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OUST

To put out; to eject; to remove or deprive; to deprive of the possession or enjoyment of an estate or franchise.

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OUSTER

In practice. A putting out; dispossession; amotion of possession. A species of injuries to things real, by which the wrong-doer gains actual occupation of the ‘land, and compels the rightful owner to seek his legal remedy in order to gain possession. 2 Crabb, Real Prop. p. 1003,

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Categories: O

OUSTER BY ABATEMENT

a term that is applied to the situation where a person dies and a person with no right to property takes possession of it before the heirs are able inherit.

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Categories: O