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

Category: Finance

RECYCLABILITY

This term refers to ability of waste materials to be captured and separated from the waste stream for conversion into a new item or reused in the same capacity.

REDUCED INSTRUCTION SET COMPUTING (RISC)

IBM’s central processing unit (CPU) chip design that utilizes a reasonably smaller number of machine language instructions to perform its jobs, thereby enhancing the computer’s speed of data processing.

REFERENCE DOCUMENT

A type of document that outlines procedures as they relate to a particular activity. A reference document outlines the procedures undertaken during an activity to avoid missing steps the next time that

REFLEX EFFECT

Propensity of free and open markets to routinely return to a balanced state through price mechanisms, following attempts to maintain an unnaturally high or low price.

REGISTERED BROKER

This term relates to any broker that is registered with the SEC or on a particular exchange.

RELATIVE DENSITY

Relative density is the ratio of the density of a substance to the density of a given reference material. If a substance’s relative density is less than one then it is less

RELIANCE

A state were something or someeone is dependent on another being for support or other reason.

RENATIONALIZATION

Renationalization can be a risk investors see when investing in a foreign industry of a developing country. Developing countries might begin to privatize industries and assets previously under national control and allow

REPO

A contract in which the seller of securities, such as Treasury Bills, agrees to buy them back at a specified time and price. also called repurchase agreement or buyback. Or we can

RESISTOR

A device used in the conducting of electrical currents that controls the direction of current flow by the application of resistence. May be variable, fixed or both.

RESPONSE TIME

1. Computer system. A. Time between command and action. B. CPU processing time. C. Data retrieval time. D. Transmission time of data. 2. Internet. The time it takes a web site server

RETAIL INVENTORY METHOD

The estimated value at the end of an inventory procedure that is based on retail price and cost. Includes the following steps: (1) maintaining detailed records of stock and prices, (2) computation

RETURNED CHECK

A cheque that is returned after it has been dishonoured by the bank.

REVERSE CULTURE SHOCK

A shock that occurs when an expat citizen comes home after a lengthy overseas stay and has become used to the culture where he has been living.

REVERSIONARY ANNUITY

An annuity that acts as a life insurance policy. Benefits are paid to athe annuitant when the insured dies.

RISK ASSET

1. A bank asset that is affected by credit quality, repricing, interest rate changes etc. 2. Equity capital and assetsof a firm in trouble.

RISK FACTOR

A characteristic that is measurable that can affect the value of assets.

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