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Definition of Tied oil
1. Noun. (UK legal) Any oil that is either a light oil, or a heavy oil that falls into the excise definition of gas oil, fuel oil or kerosene. ¹
¹ Source: wiktionary.com
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1. Noun. (UK legal) Any oil that is either a light oil, or a heavy oil that falls into the excise definition of gas oil, fuel oil or kerosene. ¹
¹ Source: wiktionary.com