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

Category: R

REPAIR

1. General. The restoration of a damaged, broken or failed device to return it to its original intent.2. Quality control. The action that needs to be performed so a product can fulfill

REPRINT

The new impression of an item that has already been printed or published. The same ISBN number will apply.

RESIDE

To live somewhere such as a town or state.

RESOURCE PLAN

The detailed summary of all resources required to complete a certain project.

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.

ROLL-ON/ROLL-OFF (RO-RO)

A ship loading method that does not need cranes to lift cargo on. Cargo is driven onto the ship. See LiftOn.

ROTATION

The completion of one cycle, route, process or circuit.

ROYALTY-FREE

Being able to use another person’s intellectual property for no fee.

RUNNING COST

The cost it takes to operate an organisation on a regular basis.

RATE DISCRIMINATION

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

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