A requirement of a contract that is essential or of vital performance. For example, time is of the essence means that the other party is aware that performance must be made as soon as possible and that it is a fundamental reason why the other party is entering the contract. Small delays may be considered a breach of contract under such terms. … [Read more...] about OF THE ESSENCE
O
OCHIERN
In old Scotch law. A name of dignity; a freeholder. Skene de Verb. Sign. … [Read more...] about OCHIERN
OFF CALENDAR
A court order to remove a lawsuit and/or related proceedings from the court's calendar, e.g. as a result of a party's failure to appear. … [Read more...] about OFF CALENDAR
OCHLOCRACY
A government where the authority is in the hands of the multitude; the abuse of a democracy. Vaumene, Dict. du Language Politique. … [Read more...] about OCHLOCRACY
OFF THE RECORD
A statement made that is not placed into the record or recorded by a court stenographer or in any other official record. An informal statement. … [Read more...] about OFF THE RECORD