OWNER REPUTED the name that si given to the person who supposedly owns a property who may or may not be the legal owner. See owner, legal.
OXIDIZING AGENT Those substances which release oxygen when the temperature goes above a certain point, causing sensitive organic material to ignite. An oxidizing agent can also be referred to as an oxidant. An example can be oxygen.
OWNER EQUITABLE the term given to the person who is the recognised owner of the property but who uses a trustee to administer the property.
OVERT ACT A physical action that gives someone reasonable belief that another party intends to harm or kill them, used to justify self-defense.
OWNER FINANCING A transaction that involves the current owner of a property part financing its purchase by the buyer.
OVERTIME Hours that are worked in addition to an employee?s usual working hours (depending on company rules, contracts, union agreements and the law).
OVERTIME PREMIUM Known as ?time and a half?, refers to the fact that employees earn 50% more than their usual hourly rate when working overtime.