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

Category: Finance

RELATIVE VALUE UNIT

RVU is an acronym that stands for “relative value unit.” Some physician employers such as hospitals and groups use an RVU formula to calculate compensation or bonuses for physicians. An RVU is

REMOTE AUTHENTICATION DIAL IN SERVICE (RADIUS)

Remote Authentication Dial In User Service (RADIUS) is a networking protocol that provides centralized Authentication, Authorization, and Accounting (AAA) management for computers to connect and use a network service. RADIUS was developed

REPAYMENT MORTGAGE

A repayment mortgage is a term generally used in the UK to describe a mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued

REPROCESSING

Treating material retrieved from the waste stream to make new products.

RESOURCE RECOVERY

The extraction from the waste stream of useful products such as heat energy from burning waste.

RETROACTIVE DATE

A date that may be included in a policy from where no other claims can be made.

RETURN ON COMMON EQUITY

A strategy regarding the return on equity of securities that show the effect the common shares have on a company’s profitability.

REVENUE BASE

The major source and a regular part of total revenue of a government or firm for example.

REVERSE OSMOSIS

A filtering process where a liquid with suspended particles in it is passed through a filter to catch the particles.

REVOLVING FUND

The establishment of an account that finances the cycle of operations of amounts received.

RING TOPOLOGY

A scheme used in cabling networks where a cablesequentially connects all of the nodes and forms a loop that is closed.

RISK NEUTRALITY

An attitude of investors where any loss or gain is of equal chance.

RISK VALUE

The quantity derived by multiplying the probability of a negative impact by its likely impact. Stated in monetary terms.

ROBOT

A machine that is controlled remotely or has been programmed to do certain tasks.

ROLL-ON/ROLL-OFF (RO-RO)

A ship loading method that does not need cranes to lift cargo on. Cargo is driven onto the ship. See LiftOn.

ROTATION

The completion of one cycle, route, process or circuit.

ROYALTY-FREE

Being able to use another person’s intellectual property for no fee.

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