Category: O

Classification term that applies to minor assets (e.g. scrap value of outmoded equipment) when recorded on balance sheets.

Excluding net income, all other elements of comprehensive income.

Classification term that applies to costs not recorded as direct labor, direct material or overheads.

One complete cycle of to and fro motion from one extreme to another, and back to the original position.

An ancient hundred in Worcestershire, so called from Bishop Oswald, who obtained it from King Edgar, to be given to St. Mary’s Church in Worcester. It was exempt from the sheriff’s jurisdiction, and comprehends 300 hides of land. Camd. Brit.

How markets measure over buying and selling.

the abbreviation for the Occupational Safety and Health Act.

Complete property, as opposed to feudal tenure. The transposition of the syllables of “odhal” makes it “allodh” and hence, according’ to Blackstone, arises the word “allod” or “allodial,” (q. v.) “Allodh” is thus put in contradistinction to “feeodh.” Mozley & Whitley.

Movement of a solvent towards a higher concentration solution from a lower concentration solution. Osmosis occurs through a semipermeable membrane that keeps the two solutions separate, but can be passed by the solvent. When the two solutions are of equal concentration, osmosis stops. Osmosis is a key process in the delivery of nutrients between cells.

Lat. In old pleading. Shows to you. Formal words with which a demandant began his count. Fleta, lib. 5, c. 38,