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

Category: R

ROAD SHOW

A major city tour by the team of management and the underwriters of an IPO prior to the offering date that is designed to garner interest for the investment.

RORSCHACH TEST

The technique based on a series of ink blot shapes used to assess personality.

ROUTINE MAINTENANCE

Usually a small scale activity to keep a piece of machinery or equipment in good working order.

RUN TIME

1. The time needed to finish one run. 2. The period time that an item is worked on.

RATE CARD

Printed list of rates charged by print and broadcast media. Rate cards are for direction only because the tangible charges vary greatly according to the bartering power of the promoter.

RATED LIFE

The amount of time that a piece of equipment, a machine or an appliance is expected to last as stated by the manufacturer depending on specific patterns and conditions of use.

RAW MATERIAL

Raw materials are basic substances found in their natural, modified, or semi processed state, used as an input to a production process for subsequent modification or transformation into a finished good.

READY, WILLING, AND ABLE

Ready, willing, and able defines persons who are legally and financially able to complete any type of transaction. Authorization and approval are not necessary from any other persons or parties.

REALIZATION COVENANT

Accounting idea that any change in the market value of an asset or liability is not recognized as a profit or loss until the asset is sold or the liability discharged.

RECALL TEST

The advertising effect of print media when a subject is asked if he or she remembers any of the advertising messages. Prompted recollection is aided recall, unprompted is called unaided recall.

RECIPE

Ingredients or components with their relative proportions and the method of processing to create a manufactured good or product.

RECORD CLASSIFICATION

The processes in which records are identified and categorized. They are then filed based on their subject matter and category, and then they are assigned a file number for efficient retrieval.

RECURRENT DISABILITY

This term refers to a disability that is part of a previous disability or a related cause.

REDEEMABLE DEBENTURE

This term refers to an agreement under which a firm issuing a debenture agrees to repay the borrowed amount on a certain date or after a specific period of notice.

REEFER CONTAINER

Also known as reefer, this container is used to transport perishable cargo and has its own, self-powered system to keep it cool. This is a refridgerated shipping container.

REFERRAL PROVIDER

A referral provider is the health care provider, usually a specialist, that the patient has been referred to.

REFUSAL LETTER

A refusal letter is written in response to a job offer that an individual chooses to refuse due to circumstances such as acceptance of another position or lack of interest.

REINFORCEMENT

1. Marketing: Advertising intended to assure customers that they have made the right choice. 2. Psychology: Result of a behavior that increases the chance of the recurrence of the same behavior.

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