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
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...]
OVERTURE
An opening; a proposal. … [Read more...]
OUTLAW
In English law. One who is put out of the protection or aid of the law. … [Read more...]
OUVERTURE DES SUCCESSIONS
In French law. The right of succession which arises to one upon the death, whether natural or civil, of another. … [Read more...]