shiplu48,
It would have helped if the entire datasheet had been attached, so we could get a flavor of the content and context. But I'll take a stab at it.
Relief device technology must follow some strict definitions of terms as set forth by the applicable Code. Unfortunately, people, even Engineers, get sloppy.
A datasheet should have instructions or an accompanying procedure. I recommend you track that down, if possible, to see if you can learn what was meant.
For the remainder of my reply, I refer to the Code I know the best, ASME and API. If you are working with different Codes, you will have to check that out.
To me, even the term "Allowable over pressure (%)" is mostly meaningless. I think "allowable accumulation" or "maximum allowable accumulation" was meant. ASME and API refers to "Allowable Accumulations" and not to "Allowable overpressures". Below are excerpts from API 520 Part I.
3.1
accumulation
The pressure increase over the maximum allowable working pressure of the vessel, expressed in pressure units or as a percentage of maximum allowable working pressure (MAWP) or design pressure. Maximum allowable accumulations are established by applicable codes for emergency operating and fire contingencies.
3.35
overpressure
The pressure increase over the set pressure of the relieving device. Overpressure is expressed in pressure units or as a percentage of set pressure. Overpressure is the same as accumulation only when the relieving device is set to open at the maximum allowable working pressure of the vessel.
Accumulation is always relative to the pressure vessel's MAWP, and overpressure is always relative to a relief device's set pressure.
For the second term, "Over pressure Factor", I think someone added the word "Factor" where it is not needed. They got sloppy and strayed from strict adherence to the ASME and API definitions. I think they meant just "overpressure", but I'm guessing. Try to find the datasheet instructions or procedure.
Good luck,
Latexman
To a ChE, the glass is always full - 1/2 air and 1/2 water.