This fraction requires a little basic knowledge about how one unit can be converted

into another. As we know that:

16 ounces = 1 pound

So

1 ounce = 1/16 pounds

So another name for 1/16 of a pound is an ounce.

into another. As we know that:

16 ounces = 1 pound

So

1 ounce = 1/16 pounds

So another name for 1/16 of a pound is an ounce.