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

Category: R

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.

RISK POSITION

The extent of any exposure to a risk expressed in terms of money.

RISKLESS SOCIETY

A fictional environment developed by Gerard Debreu and Dr. Kenneth Arrow where all risks of investment are mitigated by an insurance policy.

ROLE OVERLOAD

The lack of reasonableness or balance in the extent of expectations from the job or person doing the job.

ROOM ONLY RATE

The rate for accommodation that only includes the room and no foods.

ROUNDTABLE

The seating arrangement or a discussion where all people are peers.

RULE OF THUMB

An observation or formula that has been accepted based on practical knowledge and experience and not a scientific law.

RUSSIAN SERVICE

A form of waiter service faster and less expensive than French service . The food is finished off with garnishes etc in the kitchen and brought to the table by one waiter.

RATE OF ECONOMIC GROWTH

The rate of economic growth is designed to determine the economic growth or decline over the course of the year.

RATIONAL APATHY

The indifference that a voter usually feels when they make the reasonable assumption that his or her vote will not have any real influence on the conclusion of an election.

REACTIVE

1. Personnel management: An action that is not internally motivated but may manifest in response to a situation. 2. Safety management: Volatile chemicals that react with its surroundings or certain other chemicals.

REAL ESTATE INVESTOR

Investor who assesses the real estate market and purchases property with the intention of earning money. Real estate investors can purchase residential or commercial property, depending on their specific goals.

REASONABLE DOUBT

This term refers to the lack of proof that prevents a judge or jury from convicting a defendant a crime. The prosecuting attorney must provide proof beyond a reasonable doubt to establish

RECENCY EFFECT

The idea that once a customer makes a purchase from a company, they are more likely to buy the same product or other products that are offered by the same company.

RECOGNITION OF EXPENSE

This term is in reference to the inclusion of revenue in an income account. According to the provisions of GAAP, expense is recognized when incurred, whether it is paid or not.

RECOURSE LOAN

Loan agreement that a borrower gives an undertaking to repay a debt even if the funded asset cannot be liquidated to cover the loan amount. In case of default, the lender can

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

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