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

Category: R

REFERENCE ANALYSIS

This term refers to the review of requests for records during a specific period, to identify more requested records and request patterns.

REFINANCING

This term refers to acquiring a new, larger loan that retires an older, smaller loan over a longer term, using the same assets as collateral.

REFUTATION

This term refers to the establishment of the falsity of an argument.

REINTERMEDIATION

1. Finance: Surge of investors’ funds into bank deposits, from nonbanking investments such as real estate or stock market. 2. Internet: Reemergence of the traditional middleman the intermediary in new forms.

RELAY

A relay is an electrically operated switch. Many relays use an electromagnet to operate a switching mechanism mechanically, but other operating principles are also used. Relays are used where it is necessary

REMOTE ENVIRONMENT

A collection of properties that describes a region on the mainframe. In the case of diagnostic tools such as Capture and Playback, an RE describes a simulated region.

REPAYMENT PLAN

Plan setup and agreed upon between a borrower and creditor that outlines how the money will be paid back. The repayment plan clearly indicates the original loan amount, how much goes to

RESIDENT COMPANY

The jurisdiction that covers the place where a body is registered and carries on business.

REVENUE PROJECT

A project that does not need an investment of capital but requires continuing expenditure.

REVERSE REPO

The arrangement where a broker or dealer buys a security and sells it on a set date at a higher price.

REWORK

1. The correction of a failed, defective or a non-conforming item. 2. The actaul cost of the correction of defective work.

RIPARIAN RIGHTS

The allocating of rights to use a body of water by individuals who own property around said body of water.

RISK DIVERSIFICATION

The allocation of risk in proportion to all the parties of a contract. Also known as risk allocation.

RISK OF LOSS

The chance of bearing the costs that are associated with destruction, damage or the inability of locating goods, documents and other property.

RISK VARIABLE

An element in a situation that a change in its state can cause a change in degree of risk exposure.

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