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

Category: R

RESTRICTED FARE

A fare that has been discounted for some reason during set times and with specific conditions met.

RETRIEVAL REQUEST

Electronic commerce term where a specific transaction performed by a credit card is asked for by the issuer of the credit card.

REVALUATION RESERVE

An account kept in reserve to record any surplus that is cfeated with the re-valuing of assets.

REVERSE MERGER

The acquisition of a private firm by a public firm by transferringover 50% of stock. A way to make a private firm a public firm.

RING THE CASH REGISTER

1. Business. The phrase used in describing products and lines of business that show the most profit. 2. Investments. The phrase used in signifying the time to take any profitsfrom securities by

RISK CURVE

The display on a graph of 2 variables where financial reward is plotted against financial risk. The type of risk is also indicated.

RISK MITIGATION

A reduction, systematic in nature, of exposure to risks and the possibility of its occurence. Called risk reduction.

RISK TOTAL

The sumof non-systematic and systematic risk in trading of securities.

ROAMING

The use of a cellular phone that is outside its calling area and where outgoing calls may cost more to make.

ROLLING BUDGET

The way in which a budget is set at the start of an accounting period is able to be amended reflecting any variances that arise.

ROTABLE

1. An element or component that can be repeatedly restored to a working and serviceable condition. 2. A way of servicing equipment where a failed piece is replaced by a piece that

ROUTING

The selection of minimum distance, cost and time from a umber of alternative options.

RUN WITH THE LAND

A convention where convenants on land are passed from one owner to the next.

RATE DISCRIMINATION

This practice, now illegal by state insurance laws, involved charging different rates to insured people with similar attributes.

RATING

1. Marketing: The percentages of total audiences who choose one media type over another, i.e. TV versus radio. 2. Securities trading: Ranking of secure debts based on the issuer?s earnings, etc.

RAW TIME

The amount of time it takes to perform each individual task in an operation. This number is derived from a study of time, motion, historical information and standard time data.

REAL ACCOUNTS

Reserve, liability, capital accounts and assets, which will appear on a balance sheet. Real account balances will not be cancelled at the period end but are instead carried over into the next

REALIZED PROFIT/LOSS

Actual gain or loss that happens when an asset is turned into into cash at fair market value in a transaction. Also called realized gain/loss. See also paper profit (or loss).

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