Category: R

A short-term course that is aimed at the reinforcement and recall of previously acquired skills and knowledge.

A curve on a graph that features and upwards slope to the left that shows the unique situation of a product supplied decreasing with an increase in price.

Relative market share is comparing market share of a company with that of its next biggest competitor. Having a relative Market share of >1 means you are the market leader that outperforms

The amount of the principal on a home loan that has not yet been paid.

Rent control refers to laws or ordinances that set price controls on the renting of residential housing. It functions as a price ceiling.

A form used by the insured to send updates on stock value, home improvements and furniture to the insurer.

Latin- a thing adjudicated. Once a lawsuit is decided, the same issue or an issue arising from the first issue cannot be contested again.

A Medicare scale used in determining how a doctor or doctors are compensated.

1. A statement of any change in financial statements and 2. to announce chanhge of money between exchanges.

The number in years that records must be kept as stated by law.

A benefit equal to the amount of premiums paid, minus claim amounts, will be paid during a set period of time if claims don’t exceed a set percentage of premiums paid.

The way an item can be used repeatedly compared to a one use item.

A method where a product is de-constructed to see how it was made initially.

A bound and printed copy of a book or work that is sent to reviewers before the official date of publication.

The right to property by the person who is the short or long term holder of the property.

Fund and other resource allocation to identified areas that have the highest potential or actual adverse impact.

1. Known with certainty. 2. The interest rate on a virtually free from risk investment.

The rate of return that is needed to be able to attract loan capital or equity for an investment.

The amount of funds that must be kept on hand by a bank or finance company.

A position or job that has certain expectations that go with them.