A market with very few sellers controling the price.
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OLIGOPSONY
A market with a few buyers who control the price paid.
OLOGRAPH
An instrument (e. g., a will) wholly written by the person from whom it emanates.
OLOGRAPHIC TESTAMENT
The olographic testament is that which is written OLYMPIAD 851 OMNIA PRiESUMUNTUR by tbe testator himself. In order to be valid It must be entirely written, dated, and signed by […]
OLYMPIAD
A Grecian epoch; the space of four years.
OLYPEUS, OR CLIPEUS
In old English law . A shield; metaphorically one of a noble family. Clypei prostrati, noble families extinct. Mat. Paris, 463. CO. A prefix to words, meaning “with” or “in […]
OMAN INVESTMENT FUND
This fund was created by the Sultan of Oman in 2006 to aid the economic development of Oman. The fund has been invested in a combination of private equity , […]
OMBUDSMAN
Appointed by governments to investigate complaints from citizens against large organizations (e.g. public bodies, corporations, the media). Typically, ombudsmen have wide-ranging investigative authority, but their punitive powers tend to be […]
OME BUENO
In Spanish law. A good man; a substantial person. Las Partidas , pt 5, tit. 13, 1. 38. Omissio eorum quae tacite insunt nihil operator. The omission of those things […]
OMISSION
Failure to complete a duty or task, usually as a result of apathy, complacency or neglect.
OMISSION CRIME OF
the term that applies to an offense that is characterised by a person failing to perform an act.
OMISSIS OMNIBUS ALIIS NEGO- TIIS Lat
Laying aside all other businesses. 9 East, 347.
OMITTANCE
Forbearance; omission. Omne actum ab intentione agentis est judicandum. Every act is to be judged by the intention of the doer. Branch, Princ. Omne crimen ebrietas et incendit et detegit. […]
OMITTED
Something that has been left out or not included (either deliberately or through neglect).
OMITTED DIVIDEND
Also known as a Passed Dividend, a dividend that has not been declared as expected.
OMNE
a Latin term that means anyone, any man or any woman.
OMNI EXCEPTIONE MAJUS
4 Inst. 262. Above all exception. Omnia delicta in apcrto leviora sunt. All crimes that are committed openly are lighter, [or have a less odious appearance than those committed secretly.] […]
OMNIA PERFORMAVIT
He has done all. In pleading. A good plea In bar where all the covenants are in the affirmative. Bailey v. Rogers, 1 Me. 1S9. Omnia praesumuntur contra spoliato- rem. […]
OMNIBUS ACCOUNT
An account held in the name of a Futures Commission Merchant (FCM) that combines the transactions of two or more other individuals. Compare with Fully Disclosed Account.
OMNIBUS AD QUOS PKSSENTES LITERS PERVENERINT, SALUTEM
To all to whom the present letters shall come, greeting. A form of address with which charters and deeds were anciently commenced.
OMNIBUS BILL
1. In legislative practice, a bill including in one act various separate and distinct matters, and particularly one joining a number of different subjects in one measure in such a […]
OMNIBUS BUDGET RECONCILIATION ACT
This federal law gives additional COBRA continuation to those deemed disabled when they first qualified. This extends group health coverage from 18 months to 29 months.
OMNIBUS CLAUSE
Most personal car insurance policies include this clause, which extends cover to people driving the policy holders vehicle with the owners consent.
OMNIBUS COUNT
A count which combines in one all the money counts with one for goods sold and delivered, work and labor , and an account stated . Webber v. Tivill. 2 […]
OMNIBUS MOTION
the term used to describe a motion that contains several other motions.