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

Category: Finance

SOLID WASTE

Semi-solid and solid waste from demolition, mining, agriculture, sewage and garbage.

SOURCE CODE

The computer program that is written in a language and then converted to a code the computer can read.

SOVEREIGN STATE

A state with full sovereignty over all of its affairs, territory and existence.

SPECIAL JOURNAL

A book containing original entries that is ditinct from a general journal that is used for recording only specific types of transactions that are repeated during the month.

RATE INTERMEDIATION

The practice of borrowing money at lower, short-term interest rates and then lending this money through long term fixed rates, which are typically done at a higher rate of interest.

RATING BUREAU

The Rating Bureau is an organization responsible for classifying rates and hazards of certain risks depending on the geographic area or location.

RAZORBLADE MODEL

A business model featuring selling an item at a low price to sell consumable products later. The name refers to the Gillette Company selling handheld razors cheap and then making a profit

REAL ASSET

Real assets are tangible assets such as valuable antiques, artwork, buildings coins, machines, stamp collections, etc., as opposed to items that are financial assets including debentures, shares, bonds and so on.

REALLOCATED FORFEITURES

How the funds left in a retirement plan are allocated when the employee leaves the company before he is vested. The funds are disbursed among other participants or used to cover expenses.

RECAREERING

This term refers to someone making a complete career change later in their life. This change is usually intended to pursue a dream job or a major change in the lifestyle.

RECIPROCAL

1. Inversely related. 2. Relationship in which movement of one party is met with a corresponding movement of the other. 3. Number resulting from dividing 1 by a number except 0.

RECORD COPY

This term refers to an official copy of an original record or a copy of said record that is not a duplicate, convenience or working copy.

RECURRING COST

This term means the regular cost incurred repeatedly, or for each item produced or each service performed on a recurring or repeated basis.

REDEEMABLE SHARE

If shares are about to expire, a company can purchase them back before hand.

REFERENCE ANALYSIS

This term refers to the review of requests for records during a specific period, to identify more requested records and request patterns.

REFINANCING

This term refers to acquiring a new, larger loan that retires an older, smaller loan over a longer term, using the same assets as collateral.

REFUTATION

This term refers to the establishment of the falsity of an argument.

REINTERMEDIATION

1. Finance: Surge of investors’ funds into bank deposits, from nonbanking investments such as real estate or stock market. 2. Internet: Reemergence of the traditional middleman the intermediary in new forms.

RELAY

A relay is an electrically operated switch. Many relays use an electromagnet to operate a switching mechanism mechanically, but other operating principles are also used. Relays are used where it is necessary

REMOTE ENVIRONMENT

A collection of properties that describes a region on the mainframe. In the case of diagnostic tools such as Capture and Playback, an RE describes a simulated region.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.