A business expense that is paid for by a person using their own money as opposed to being paid by another party, e.g. an employer, paid by the employee using the company credit card. In this instance, the individual may be using his own person credit card to pay the expense. … [Read more...]
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 sheriff's jurisdiction, and comprehends 300 hides of land. CamL Brit … [Read more...]
OUT OF TERM
At a time when no term of the court is belug held; in the Vacation or interval which elapses between terms of the "court See McNeill v. Hodges, 99 N. C. 248, 6 S. E. 127. … [Read more...]
OTC
Over The Counter … [Read more...]
OUT OF THE STATE
In reference to rights, liabilities, or jurisdictions arising out of the common law, this phrase is equivalent to "beyond sea," which see. In other connections, it means physically beyond the territorial limits of the particular state in question, or constructively so,' as in the case of a foreign corporation. See Faw v. Rober-deau, 3 Cranch, 177, 2 L. Ed. 402; Foster v. … [Read more...]