Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

Category: Finance

RISK-ADJUSTED CAPITAL RATIO

The tool used to measure how a financial institution is able to withstand a recession or risk that is a reflection of ite capital.

ROLE

The expected behaviour that is associated with a position or the status within a organisation or group. See Roles.

ROLLOVER RELIEF

Where capital gains tax is not paid as long as the company re-invests in replacing its capital assets.

ROUGH CUT

An approximate measure that estimates a quantity’s soundness.

RUCKER PLAN

An incentive plan for workers to save costs based on a formula relating labour costs to a share of cost of production.

RUPERT MURDOCH

The billionaire mogul of media who holds the major share in News Corp. An Australian with interests in print, television and music publications.

SAFETY

The freedom from injury, harm, danger or loss to personal property whether deliberate or accidental.

SALES PITCH

The term for then “canned” presentation used to promote and hopefully sell a product. There is no thought to the needs of the prospective buyer.

SANITARY LIQUID WASTE

Liquid waste that is not hazardous and not radioactive that has arisen from agricultural, domestic, commercial or industrial sources.

SCALAR CHAIN

A chain of command that is straight from the top office to the lowest position.

SCHEDULE VARIANCE

A deviation from aplanned project that is measured by comparing the budgeted cost of work done to the cost of the work already performed.

SCIENTIFIC RESEARCH

The application of the scientific method to investigate any relationships amongst natural phenomena or to solve a technical or medical problem.

SCRUBBER

A device that is used to remove particles and dust from gaseous pollutants such as smoke. It uses liquid to trap any solid matter.

SEASONED LOAN

A loan with a good record of repayment that has been on the books of the lender for more than one year.

SECONDARY

Ranked after the first term of importance. It is second behind the first.

SECURITIES

A negotiable or non-negotiable investment or financing instrument that can be sold and bought on the finnacial market. Bonds, stocks, debentures notes and options are included.

SELECTION

1. A consumers choice to select a service or product. 2. The products that a company will offer to its customers.

SELF MOTIVATION

The ability to do what has to be done without any outside influence from situations or people.

SELF-INTEREST

Too much self interest will diminish the benefits of a large group. The focus on activities and actions that are for the benefit of the individual.

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