olive hole

olive hole

[′äl·əv ‚hōl]
(horology)
In a watch, a jeweled bearing hole in which the sharp corners have been smoothed by grinding to reduce friction between the sides of the hole and the pivot that turns in it.
References in periodicals archive ?
Known descendants are Agnes Craigs, Margaret Thompson (nee Craigs), Olive Hole (nee Craigs), Mary, Robert, Raymond, Thomas and George Elliott; Janet, Alison, Sophia and Serena Barras, possibly from Ashington.
STEWART and Olive Hole send pounds 5 for the fund and Eyes Down sends its regular pounds 4.