OXIDIZE

The chemical alteration of a substance by mixing it with oxygen.

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Categories: O

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.

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Categories: O

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.

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Categories: O

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.

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Categories: O

OVERT ACT

A physical action that gives someone reasonable belief that another party intends to harm or kill them, used to justify self-defense.

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Categories: O

OWNER FINANCING

A transaction that involves the current owner of a property part financing its purchase by the buyer.

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Categories: O

OVERTIME

Hours that are worked in addition to an employee?s usual working hours (depending on company rules, contracts, union agreements and the law).

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Categories: O

OWNER GENERAL

the term that is applied to a person who has the primary title to the property.

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Categories: O

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.

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OWNER JOINT

term that is given to a person who owns property with other people.

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Categories: O