The opposing party. The adversary in a lawsuit. … [Read more...]
OPERATING EXPENSE
An expense incurred as part of operating a business. … [Read more...]
OPPOSITION
In bankruptcy practice. Opposition is the refusal of a creditor to assent to the debtor's discharge under the bankrupt law. In French law. A motion to open a judgment by default and let the defendant in to a defense. … [Read more...]
OPEN A CREDIT
When a banker accepts or pays a bill of exchange drawn on him by a correspondent, who has not furnished him with funds, he is said to open a credit with the drawer. Pardess. n. 29. … [Read more...]
OPERATIO
One day's work performed by a tenant for his lord. … [Read more...]