Category: R

The process where a corporation reorganises or restructures the business by means of cutting costs, rducing the work force or altering upper level management.

The grouping of risks by their likely impact or estimated costs, occurence and any measures required to counter them.

The amount of risk a person from a firm or bank is allowed to expose his employer to.

Liablity insurance held by the policy holders.All policy holders will be in the same business and exposed to the same level of risks.

A key encryption used in PGP or pretty good privacy situations and secure electronic commerce, SEC and is part of ISO and ANSI standards of encryption.

1. General. The dismantling of current policies and methods to make way for a new or altered approach.2. GATT.The r emoving of all restrictions to trade that are no longer consistent with

The main directory where all other directories originate.

A software or hardware device capable of directing traffic of data between networks. See also hub, gateway, bridge.

Where a number of the banks customers all withdraw their money fearing that the institution may become insolvent shortly.

To renegotiate the rate or term of a mortgage without changing the amount of said mortgage. This is a common way for borrowers to lock in a lower interest rate.

The rate structure is a set of causes that a utility firm uses to compute the consumers charges. Water bills and telephone bills can be straightforward while electric bills are complex.

Rationing function of price features raising the price higher so that less of the consumable will be purchased and used by the consumers and more will be conserved or rationed.

Number assigned to the level of how complex reading material is. It equals a level of schooling. For instance, level of seven means the reading material is suited for a student in

1. Practical orientation that relies on the facts and takes into consideration things as they are, not on what they might be. 2. Philosophical concept that theoretical entities such as numbers and

1. Remembrance of what has been heard, seen. Also, see: recall test. 2. Removal of a contaminated or defective good by its manufacturer , either voluntarily or when forced by a watchdog

Essential piece of macroeconomics that accounts for the gap between the short run equilibrium level and full employment real production. A recessionary gap is associated with a business cycle contraction.

A requirement where a passenger must confirm at least 72 hours before the flight that they will be on the plane. Otherwise, the airline has the right to assign the seat.

The process of identifying and hiring the most qualified candidate either from within or outside of an company for a job vacancy in a most timely and cost effective way.

A redacted document is a document that has been modified, edited or revised and any confidential or sensitive information has been removed from it.

A data backup plan where a single hard disk is replaced by two or more smaller disks. Each of these disks has its own controller and works separately of others. Each one