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

Category: R

REGION

This term refers to an area where people live, work and participate in daily activities.

REJECTED BID

This is a response to an invitation to bid and the proposal was not chosen for a variety of reasons.

RELEASE OF LIEN

When a person pays off a loan in full, the lien is removed. The asset is no longer pledged to the creditor when the balance is completely paid. When this happens, the

REMOTE SERVER

A server that is dedicated to handling users that are not on a LAN but need remote access to it. The remote access server allows users to gain access to files and

REPEATER

1) In digital communication systems, a repeater is a device that receives a digital signal on an electromagnetic or optical transmission medium and regenerates the signal along the next leg of the

REPUBLICAN

Member of US political party started in the 1850s by a group of Democrats who split from the main party.

RESIDENTIAL SECTOR

The unoccupied or occupied, rented, owned, one or multi-family houses, mobile homes that does not include institutional housing like schools, barracks for example.

RESPONDEAT SUPERIOR

Latin-Let the chief answer. A superior is responsible for any acts of ommission or commission by a person of less responsibility to him.

RESULTING TRUST

An implied or constructive trust that is created by the trustorthat is not lawful.

RETROFITTING

The action of modifying present equipment with new parts to enable it to perform its job.

REVENUE SHARING

Where an individual, corporationor business needs to pay taxes on any income that is earned another state.

REVERSE TEXT

A printing process where light coloured text is printed onto a dark background.

RISK EQUIVALENT

The amount in dollars that represents any probable loss from a possible risk.

RISK PARTICIPATION

Similare to risk sharing in that a bank in difficulties financially will offer a risk to another bank to manage.

RISK-ADJUSTED CAPITAL RATIO

The tool used to measure how a financial institution is able to withstand a recession or risk that is a reflection of ite capital.

ROLE

The expected behaviour that is associated with a position or the status within a organisation or group. See Roles.

ROLLOVER RELIEF

Where capital gains tax is not paid as long as the company re-invests in replacing its capital assets.

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.