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| Open circuit
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An electrical circuit that has a break preventing current from flowing through. |
| Open cornice
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A cornice with exposed, rather than enclosed, rafter ends. |
| Open end wrench
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The open end wrench is better adapted to use in tight spaces than box end wrenches. The open end wrench can be easily slipped on and off a nut or bolt, allowing for easier access in tight situations. |
| Open grain
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Coarsely-grained wood that may require filler or sealer before staining. Oak is an open grain wood. |
| Open hearth furnace
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A furnace with a shallow hearth used in steel processing. The steel is directly exposed to the heat source. |
| Open house
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Method of showing a home that is for sale. The house is left open for prospective buyers to see. The house may be advertised in the newspaper and/or outside the house. |
| Open housing
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Housing where purchase or lease is available to everyone regardless of race, ethnic origin, color or religion and affirmative action is actively pursued. |
| Open listing
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Property marketed by a number of brokers simultaneously. This type of agreement permits a real estate agent to sell the property while allowing the homeowner of other agents to attempt to make the sale. |
| Open listing agreement
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Listing agreement given to many brokers and/or agencies. The property owner pays a commission only to the broker who actually produces a buyer for the property. |
| Open mortgage
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Mortgage that has matured or is overdue and, therefore, open to foreclosure at any time. Alternately, a mortgage that does not have a prepayment clause and permits the mortgagor to repay the mortgage at any time without paying a penalty. |
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