The Law Dictionary

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

Category: R

REFERENT POWER

This term refers to the influence over others that is acquired from being respected and well-liked by them.

REFRACTORY

Materials that can tolerate extremely high temperatures without degrading or softening. Refractory materials include certain ceramics and super alloys, and are found in furnaces, jet and rocket engines, and the shuttle.

REGIONAL AIRLINE

U. S. term for an airline that shows annual operating revenue under $100 million dollars

REGISTERED OPTIONS TRADER

A trader on the floor who monitors activity to ensure a fair market. He or she is not required to serve as a market maker unlike a registered trader.

REGULATION M

Regulation M was created to avoid double taxation by allowing the taxes to be passed on to the indivdual investors.

REHABILITATION OF INSURER

A process that is completed by the states insurance department with the intention of restoring a financially troubled insurer to solvency.

RELATIONSHIP

A particular type of connection existing between people related to or having dealings with each other.

RELEASE CONDITION

Release conditions allow you to create a custom learning path through the materials in your course. When you attach a release condition to an item, users cannot see that item until they

RENATIONALIZATION

Renationalization can be a risk investors see when investing in a foreign industry of a developing country. Developing countries might begin to privatize industries and assets previously under national control and allow

RENT-TO-OWN

Rent-to-own, also known as rental-purchase, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics and home appliances, is leased in exchange for a weekly or

REPLACEMENT CAPITAL

Any finds that have been set aside to allow re-purchase of stock from holders wanting to sell.

REPOSSESSION

1. Voluntary or forced surrender of goods to the owner due to the inability to pay for them. 2. Legal process where the lender takes back property or assests when the borrower

REQUIREMENTS

1. Any demands, constraints, needs, necessities needed to be met. 2. Marketing. Standard of benefit, timeliness, cost and value of the product as seen by the customer.

RESERVE

The amount of money that is kept aside by the insurer so all debts can be covered.

RESIDENT FONT

Hard font that is installed into a printer’s ‘read only memory’ and is a standard feature. See downloaded font.

RESIGNATION OF DIRECTORS

A director is able to resign at anytime, does not need to be accepted. The withsrawal of an acceptance is not allowed unless agreed to by the firm. The director is not

RESPIRATORY SYSTEM

The system responsible for breathing air including the lungs, air passages, windpipe, mouth, larynx and nose in animals and humans.

RESTORATION

1. The return of equipment to operational state after repairs. 2. A firm returning to full scale operations after a disaster. 3. Re-establishment of flora and fauna to the ecosystem after a

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This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.