Glossary of Bulk Oil Terms

Hannah Broaddus

Bulk edible oil advisor to the manufacturing and distribution industries. Lover of inbound marketing, good conversations and great coffee.

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Lampante Virgin Olive Oil

Posted by Hannah Broaddus

Dec 20, 2012 10:00:00 PM

Virgin Olive Oil that is bad or rancid, and is not acceptable for human consumption without further refining. 

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Lite Olive Oil

Posted by Hannah Broaddus

Dec 19, 2012 10:00:00 PM

See Refined Olive Oil.  Lite olive oil is the common US retail term, while the same oil is often referred to as ‘refined’ in the bulk sector.  The term ‘lite’ has to do with the taste of the oil, rather than the caloric intake.  

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Lot Code

Posted by Hannah Broaddus

Dec 18, 2012 10:00:00 PM

An internal company number assigned to each package of olive oil, allowing for product traceability.

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Manufacturing Co-op

Posted by Hannah Broaddus

Dec 17, 2012 10:00:00 PM

The manufacturing facility where a co-operative of farmers come together to process their olives into oil at one location.  

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Mechanically Picked

Posted by Hannah Broaddus

Dec 16, 2012 10:00:00 PM

An efficient harvesting method that utilizes a machine to pick the olives.  In this method, a large tractor-like harvester shakes the branches of the trees and collects the olives below.  Because this method allows for increased efficiency, the olives are processed into oil more quickly, which produces a lower acidity oil.  However, some say that this method can also cause accidental bruising of the olives. 

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MSDS

Posted by Hannah Broaddus

Dec 15, 2012 10:00:00 PM

The Material Safety Data Sheet for a specific product, most often used in the chemical manufacturing realm. This is scientific information that applies to a particular product (for example, ‘olive oil’). It typically includes the specifications and details on the following:

  1. Chemical product description
  2. Composition and information on ingredients
  3. Hazards Information
  4. First Aid Measures
  5. Fire and Explosion Data
  6. Accidental Release Measures
  7. Handling and Storage
  8. Exposure Controls/Personal Protection
  9. Physical and Chemical Properties
  10. Stability and Reactivity Data
  11. Toxicological Information
  12. Ecological Information
  13. Disposal Considerations
  14. Transport Information

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Net Terms

Posted by Hannah Broaddus

Dec 14, 2012 10:00:00 PM

Credit terms extended by a seller, allowing the customer to pay after they’ve received their product.  These terms are usually expressed using a maximum dollar amount that can be charged to the account, and how quickly the invoice is expected to be paid after shipping: for example, ‘$10,000, Net 15’.  

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Net Weight

Posted by Hannah Broaddus

Dec 13, 2012 10:00:00 PM

The weight of the product without any packaging weight.  For example, the total weight of the oil packed inside the drum, not including the weight of the drum itself.  

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Non-GMO

Posted by Hannah Broaddus

Dec 12, 2012 10:00:00 PM

This term means that the product has been produced, harvested and manufactured without the use of any genetically modified organisms. 

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Oil

Posted by Hannah Broaddus

Dec 11, 2012 10:00:00 PM

A fat that is liquid at room temperature.

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