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

Category: R

RECAREERING

This term refers to someone making a complete career change later in their life. This change is usually intended to pursue a dream job or a major change in the lifestyle.

RECIPROCAL

1. Inversely related. 2. Relationship in which movement of one party is met with a corresponding movement of the other. 3. Number resulting from dividing 1 by a number except 0.

RECORD COPY

This term refers to an official copy of an original record or a copy of said record that is not a duplicate, convenience or working copy.

RECURRING COST

This term means the regular cost incurred repeatedly, or for each item produced or each service performed on a recurring or repeated basis.

REDEEMABLE SHARE

If shares are about to expire, a company can purchase them back before hand.

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.

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