Category: R

The rate that is charged for a hotel room or accommodation when a person just walks in off the street. It is usually more expensive than the rates that are charged by

Something that has more than one underlying option associated with it. These options are called colors. Hence the term rainbow option. These factors cannot be combined as one factor.

In the US it is applied to a rent that is excessively high. In the UK it applies to an amount that is not less than 2/3s of the rent a premises

This term is used to describe the increase in a commodity. This increase will occur after a fall or decline in the value of a product. Often a term that is heard

An activity that is criminal and people subjected to a racket are usually deceived of their money. Methods used to get money or goods includes bribery, extortion and intimidation. See, What Is

A term that is used to describe a person or company that is just breaking even by covering all living expenses. It indicates that a company is making more money that it

An act that was passed by congress in 1970. It was established in order to increase the penalties that were imposed for acts of crime committed by organized crime such as the

The gradual increase in energy, manpower or quantities. Often when a production begins only a small quantity is produced. Over a period of time more and more is produced and moremoney is

1. The transmission of heat through space. It is aharmless form of radiation. 2. The ionising radiation that is emmitted by radio active particles. It is harmful to all living flesh and

Named after Frank Ramsey, known as the elastic rule. This is a term used to imply that if the market increases the price will increase accordingly. People used to buying a product

A method of reducing a process that may usually take months to happen, to make it happen in a much shorter period of time. An acceleration process that is sued in times

Events or data that acts ofm its own accord. It will show no recognised pattern or direction that can be plotted for the anticipation of future actions. A random event or action

The identifying act of parcels, packages and other items with the use of transponders that emit a radio signal. It can be detected from a large distance without actually seeing the object.

The variability that is contained within a process that cannot be determined. These fluctuations and variations are caused by erratic and irregular actions that are the result of random chance. These random

The noise that is heard when one radio wave is inteferred with by another radio wave of the same length. An electronic buzz that is heard when tuning into radio stations.

A chart that is used to control the s tability of the variables of a product. A product will be stable over a set range of variables and it will tracked during

A material is considered to be radioactive if it emits enrgy that causes damage to living tissue. The rays or particles that are emitted are known as alpha, beta and gamma radiation.

A method of decision making that ranks the importance of each project. They are ranked by a set of criteria such as cash flow, risk factors, capital appreciation. The allocation of capital

A non-destructive and non-invasive method of seeing inside a particular object. The rays used are gamma and beta radiation and can pass through tissue to expose solid features that are found inside

The general employees that do not include the managerial positions and department heads. It derives from a military term where soldiers stood according to rank and in lines or files.