The Law Dictionary

OVERTIME PAY

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Payment for overtime work, typically at a rate in excess above the normal rate e.g. time and a half or 1.5 times the laborer's hourly rate. … [Read more...]

OVERHEAD

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A cost of a needed resource that is not involved in the production of a good or service but is still incurred and a necessary expense. An ongoing business expense that has no direct relation to the good or service being produced or provided. An accounting term. … [Read more...]

OVERHERNISSA

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

In Saxon law. Contumacy or contempt of court Leg. JEtheL c 25. … [Read more...]

OWELTY

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Equality. This word is used In law in several compound phrases, as follows: 1. Owelty of partition is a sum of money paid by one of two caparceners or co tenants to the other, when a partition has been effected between them, but, the land not being susceptible of division into exactly equal shares, such payment is required to make the portions respectively assigned to them of … [Read more...]

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