Category: R

This rule refers to the addition of a gain that has been realized on a depreciable asset when the asset has sold for more than its book value, as taxable income

A location or place where the insured’s business is accepted or approved. Under business income coverage, one of the types of properties or assets that may be covered.

This term refers to the Administration of files, documents and records created or received by an organization to ensure proper authorization and procedure for handling or having access to records.

This term relates to the clause within a health insurance policy that specifies the time-period during which a condition is considered a recurrent disability or is considered a different condition.

A type of share that is liable to be bought back by the issuers on a specific date or after a specified period of notice. Some jurisdictions prohibit the redemption if it

Defined by Michael Hammer and James Champy in their 1993 book ‘Reengineering the Corporation’ as “Fundamental rethinking and radical redesign of business process to achieve dramatic improvements in critical measures of performance

This is the period which is used to take advantage of lower interest rates, borrowers replace old debt with new debt.

This term refers to heat that is derived from shredding solid waste that has had glass and metals removed.

Effect of an action, change, or decision returned to amplify what caused it. Reinforcing feedback drives a system increasingly faster in the direction it is already going whether away from its goal

RVU is an acronym that stands for “relative value unit.” Some physician employers such as hospitals and groups use an RVU formula to calculate compensation or bonuses for physicians. An RVU is

Remote Authentication Dial In User Service (RADIUS) is a networking protocol that provides centralized Authentication, Authorization, and Accounting (AAA) management for computers to connect and use a network service. RADIUS was developed

A repayment mortgage is a term generally used in the UK to describe a mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued

Treating material retrieved from the waste stream to make new products.

an agen residing in the state where he works.

The extraction from the waste stream of useful products such as heat energy from burning waste.

The abuse of a dominant position in the market to stop competition from entering. Also known as Restrictive trade practices.

A date that may be included in a policy from where no other claims can be made.

A strategy regarding the return on equity of securities that show the effect the common shares have on a company’s profitability.

The major source and a regular part of total revenue of a government or firm for example.

A filtering process where a liquid with suspended particles in it is passed through a filter to catch the particles.