Business / Real Estate / Deed In Lieu Of Foreclosure: Voluntarily signing over to a lender the property pledged as collateral on a defaulted loan. It is an alternative to a foreclosure action. Its main disadvantage to a lender is that the deed does not wipe out junior liens, as a foreclosure action would.
Business / Machine Shop / Oxidizing Flame: An oxyfuel flame in which there is an excess of oxygen, resulting in an oxygen-rich zone extending around and beyond the cone. MORE
Science / Marine Biology / Oxygen Minimum Layer: A depth zone, usually below the thermocline, in which dissolved oxygen is minimal MORE
Science / Biology / Oxytocin: A peptide hormone secreted by the posterior pituitary that stimulates the contraction of the uterus during childbirth. MORE
Science / Chemistry / Oxidizing Agent: A reactant that removing electrons from other reactants in a chemical reaction. Oxidizing agents cause other substances to be oxidized in chemical reactions while they themselves are reduced. For exam MORE
Business / Real Estate / Owners Title Insurance: An insurance policy protecting the buyer for the amount of the purchase price in the event of a future title dispute. MORE