Lat. In old pleading. Shows to you. Formal words with which a demandant began his count. Fleta, lib. 5, c. 38,
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OSTENSIBLE
a word used to describe something that is apparent and obvious.
OSTENSIBLE AGENCY
An Implied or presumptive agency, which exists where one, either intentionally or from want of ordinary care , induces another to believe that a third person is his agent, though […]
OSTENSIBLE AUTHORITY
a term given to the power a principal grants to an agent.
OSTENSIBLE PARTNER
A partner whose name is made known and appears to the world as a partner, and who is in reality such. Story, Partn.
OSTENSIO
A tax anciently paid by merchants, etc., for leave to show or expose their goods for sale in markets. Du Cange.
OSTENTUM
Lat. In the civil law . A monstrous or prodigious birth. Dig. 50, 16, 38.
OSTEOPATHY
A method or system of treating various diseases of the human body without the use of drugs, by manipulation applied to various nerve centers, rubbing, pulling, and kneading parts of […]
OSTIA REGNI
Eat Gates of the kingdom. The ports of the kingdom of England are so called by Sir Matthew Hale. De Jure Mar. pt 2, c. 3. OSTIUM ECCLESI^ 862 OUT […]
OSTIUM ECCLESLS:
Lat. In old English law . The door or porch of the church, where dower was anciently conferred.
OSWALD’S LAW
The law by which was effected the ejection of married priests, and the introduction of monks into churches, by Oswald, bishop of Worcester, about A. D. 904. Wharton.
OSWALD’S LAW HUNDRED
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 […]
OTC
an abbreviation for the phrase over the counter. See NASDAQ.
OTC (OVER-THE-COUNTER) BULLETIN BOARD
A system that provides information on non-NASDAQ markets.
OTER LA TOUAILLE
In the laws of Oleron. To deny a seaman his mess. Literally, to deny the table-cloth or victuals for three meals.
OTHER ACCRUED EXPENSES PAYABLE
A transaction that has resulted in the exchange of goods or services, but has not yet been paid for.
OTHER ASSETS
Classification term that applies to minor assets (e.g. scrap value of outmoded equipment) when recorded on balance sheets.
OTHER COMPREHENSIVE INCOME
Excluding net income, all other elements of comprehensive income .
OTHER COSTS
Classification term that applies to costs not recorded as direct labor, direct material or overheads.
OTHER CURRENT LIABILITIES
A record of a companys debt obligations.
Other definitions
Insanity is a manifestation of disease of the brain, characterized by a general or partial derangement of oue or more faculties of the mind, and in which, while consciousness is […]
OTHER INCOME
This income is obtained by transactions outside of day-to-day business operations.
OTHER INSURANCE CLAUSE
This condition is found in almost all insurance policies (except life insurance ). It stipulates that, if multiple policies apply to a given risk, any associated losses will be paid […]
OTHER INSURED RIDER
Term used in auto insurance to cover a family member who is not the holder of the insurance.
OTHER LIABILITIES
Classification term that applies to small liabilities, or interest-free liabilities that are payable for a period of more than one year.