Category: R

Also called working copy or convenience copy. This is a duplicate copy of an official record but not the record copy created for ease of access and use.

This term refers to the intentional acceleration of economic activity by a government, usually by using inflationary and public spending measures, to reverse deflationary trends.

This is an office that is located in a geographic location of the area where business is handled. Also known as a branch office.

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

1. The ability of a machine or appratus to perform a specific task. 2. The process of converting raw materials, components, or parts into finished goods that meet a customer’s expectations or

the act of removing or state of being removed

An amount of money set aside because building components or equipment will wear out in a relatively short time and need to be replaced.Replacement reserves can be a mere accounting entry as

The time between inventory replenishments.

The payment that continues to be received after the services or goods have been provided. An example would be music on a movie sound track that was previously released.

1. A reaction to an event or situation aimed at controlling it.2. Behaviour resulting from stimuli. 3. Answers to the plaintiff’s allegations.

The study of selected retail outlets providing a service based on subscription to market research firms. They will gather information ona brand’s volume of sales, trends in sales, levels of stock and

A rating system where an employerpays a part of an employee’s cost for any health care.

The amount of money given back to the insured when a policy is cancelled or the rate is adjusted or the premiums have been over paid.

The evaluation of the behaviour of management and the employees effectiveness.

A short term adverse effect of health that is reversed with time and the removal of the cause.

Developed by Microsoft it is a standard that is compatible with all word processors and allows exchange of digital documents.

A person from the insurer who screens all new applications and will approve or decline an application.

A priority in risk management by the etsablishment of quantitative or qualitative relationships gthat exist between risks and benefits.

Statement of the kind of risks and the extent to which a company will expose it self to risks.

The sum of money that needs to be retained by the savings institutuion in order to leverage any risks that are associated with the day to day running of the business.