It is the movement of water or solvent molecules from a region of their higher concentration to a region of their lower concentration through a semi-permeable membrane.
Osmotic potential
It is the potential of water molecules to move from a hypotonic solution to a hypertonic solution across a semi-permeable membrane.
The value of the osmotic potential can be determined using the Van't Hoff equation.
The water potential of pure water is zero by convention.