A record of a companys debt obligations that dont pay out interest on the loans principal amount.
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OTHER OTC (OVER-THE-COUNTER)
Non-NASDAQ / OTC followed securities that dont observe normal trade regulations.
OTHER PEOPLE’S MONEY (OPM)
Money borrowed without security or contributed my minority shareholders. Acronym is pronounced opium, to reflect the power it can have over people who forget it must be paid back.
OTHER POST-EMPLOYMENT BENEFITS (OPEB)
Non-pension benefits received by a retired employee.
OTHER REVENUES AND EXPENSES
Classification term that applies to costs and revenues related to activities beyond the core business of a firm.
OTHER SOURCES
Sources of additional funding during a business period, other than depreciation or tax deferral. Sources include lease agreements, retained profits, hire purchases, etc.
OTHER STRUCTURES
Structures that are covered by homeowner insurance, but that are not part of the main property (e.g. sheds, garages, gazebos).
OTHESWORTHE
In Saxon law. Oathsworth ; oathworthy ; worthy or entitled to make oath. Bract, fols. 185, 292b
OUGHT
This word, though generally directory only, will be taken as mandatory if the context requires it. Life Ass’n v. St Louis County Assessors, 49 Mo. 518.
OUNCE
The twelfth part; the twelfth part of a pound troy or the sixteenth part of a pound avoirdupois .
OUNCE LANDS
Certain districts or tracts of lands In the Orkney Islands were formerly so called, because each paid an annual tax of one ounce of silver.
OURLOP
The lierwite or fine paid to the lord by the inferior tenant when his daughter was debauched. Cowell.
OUST
To put out; to eject; to remove or deprive; to deprive of the possession or enjoyment of an estate or franchise.
OUSTER
In practice . A putting out; dispossession ; amotion of possession. A species of injuries to things real , by which the wrong-doer gains actual occupation of the ‘land, and […]
OUSTER BY ABATEMENT
a term that is applied to the situation where a person dies and a person with no right to property takes possession of it before the heirs are able inherit.
OUSTER JUDGMENT
a term used for the court decision that is against the defendant and orders him to abandon property he is occupying wrongly.
OUSTER LE MAIN
L. Fr. Literally, out of the hand. 1. A delivery of lands out of the king’s hands by judgment given in favor of the pe- titioner in a monstrans de […]
OUSTER LE MER
L. Fr. Beyond the sea; a cause of excuse if a person, being summoned, did not appear in court. Cowell.
OUT OF AREA
Any treatment an insurance policy holder receives that is outside of the usual service area .
OUT OF CONTROL
The state of a process when outputs / samples are no longer within statistical control . A control chart of such a process will show data points that are not […]
OUT OF COURT
He who has no legal status in court is said to be ” out of court ,” i. e., he is not before the court. Thus, when the plaintiff in […]
OUT OF COURT SETTLEMENT
A legal agreement, usual initiated and involving both parties attorneys, but that does not involve judges or formal court processes.
OUT OF INVENTORY
Unavailable for a long time because major repair work is necessary.
OUT OF ORDER
Unavailable for a short time because minor repair work is necessary.
OUT OF POCKET COST
Cost that involves spending cash within an accounting period .