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In the English courts, barristers at law have been divided into two classes, viz., king's counsel, who are admitted within the bar of the courts, in seats specially reserved for themselves, and Junior counsel, who sit without the bar; and the latter are thence frequently termed barristers of the "outer bar," or "utter bar," in contradistinction to the former class. Brown. … [Read more...] about OUTER BAR

An agreement to purchase as much as a producer is able to produce at a fixed or set price. … [Read more...] about OUTPUT CONTRACT

A common practice where a company accepts more reservations than it has accommodations for what is being sold, for example, seats on an airplane or rooms in a hotel. This practice is done on the presumption that a percentage of people will frequently cancel reservations or fail to show. Airlines may legally overbook but hotels and most other businesses do not. Airlines may be … [Read more...] about OVERBOOKING

The lierwite or fine paid to the lord by the inferior, tenant when his daughter was debauched. Cowell. … [Read more...] about OURLOP

To put out; to eject; to remove or deprive; to deprive of the possession or enjoyment of an estate or franchise. … [Read more...] about OUST