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

Category: Finance

RISK GRAPH

A diagram showing the possibility of a profit or loss of any given investment.

RISK RESPONSE

The steps or procedures taken to implement the unacceptability of facing a high risk.

RIVAL GOOD

A product or good that is capable of being used by only one person at any given time.

ROLL UP COSTS

The effect a wage rise has on benefits that are calculated as a percentage of the wage.

ROUTE PLANNING

The working out of the best route for cost effective distribution that will minimise any distances travelled with minimal stopovers along the way.

RUN OF SCHEDULE

The time for airing commercials at the station or channels discretion.

S CORPORATION

A US corporate structure where the income of the firm is passed to the stockholderss in a proportion to their investment and taxed at rates of personal income tax.

SALE AND BUYBACK

Financing that is off the balance sheet where the owner sells an asset or property to an investor and he then buys the item back over a long term mortgage. See Sale

SALT

A crystalline compound resulting from a chemical reaction between a base and an acid. An example is common salt or sodium chloride.

SCANLON PLAN

A cost saving incentive plan where any cost saving is shared between the firm and the workers.

SCRAP

Waste products that have little value that only comes from its basic content of material through recycling avenues.

SEARCHING

An exploration on the internet of the world wide web following one link to another in order to answer a question. It has a specific objective where browsing is just looking to

SECOND ISSUING BANK

The bank that issues the second letter of credit in a back-to-back letter of credit.

SECONDARY FINANCING

Another mortgage that is taken out on an a property or asset where the first motgage takes precedence over the second mortgage.

SECTOR ROTATION

See asset allocation. A process of investment salesin one style of business in order to purchase holdings in one or more than one different types where the investor has seen the greatest

SEGMENT

A division of a sector that is distinct but linked to or related to other elements. See segmentation.

SELF CATERING

An accomodation style where a kitchen is provided to guest to prepare their own meals.

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