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

Category: R

REFERENCE BASE PERIOD

The year that is used as a reference point to measure inflation. In the base period, the Consumer Price Index receives a value of 100. If the CPI then goes up to

REFINED PRECIOUS METALS

This term refers to gold, osmium, iridium, palladium, rhodium, platinum, ruthenium, silver at least ‘999 Fine’ in forms such as bars, foils, leaves, powder, sheets, solutions, and wire. See also fineness.

REINVESTMENT

The use of dividends or capital gains to purchase additional shares of stock instead of receiving a cash payout.

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

REMOTE JOURNALING

Continuous or periodic synchronized recording of transaction data at a remote location as a backup strategy.

REPEAL

To revoke or rescind, especially by an official or formal act. 2. Obsolete To summon back or recall, especially from exile.

REPRODUCTIVE TOXIN

Any product known to have a hazardous effect on the organs of reproduction that leads to birth defects or sterility.

RESIDENTIAL

An area used for housing and commercial enterprises.

RESPIRATOR

The breathing apparatus that is self-contained and protects against harmful exposure to substances in the air.

RESTRUCTURING

A fundamental and sometimes drastic change that will alter the relationships within a company or with other companies.

RETROACTIVE PRICING

The pricing in contracts that will reflect performance or new cost data at hand and is decided after a set protion of work has been carried out.

REVENUE RESERVE

The revenue reserve is that part of profit which has not been given to the shareholder but retained in the buisness for further growth. Hence revenue reserve, is the part of profits

REWRITABLE

A feature of optical drives that allow them to write, erase and then rewrite data to media such as dvds and cds.

RIPPLE EFFECT

An effect that is indirect but radiates out from the initial effect.

RISK OF RUIN

A risk that is so great that business will not be able to be carried on after it. The loss will exceed profit and the worth of the business.

RISK/REWARD TRADEOFF

The direct relationship that existes between risk and reward. Also called risk/return tradeoff.

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