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

Category: R

RESIDUAL CUSHION

Usually expressed as a percentage of a project loan. It ois the net cash flow that remains after loan servicing. Called residual cover also.

RESPONDENT SUPERIOR

A doctrine that holds the employer liable for any wrongful acts of any employee in leagl terms.

RESUME

The presentation in a formal document or form of a person’s employment history and any skills they possess.

REVERSE ANNUITY MORTGAGE

A loan using the equity in his home to secure another mortgage and gets lumo sums paid preiodically. The loan is paid when the house is sold after the borrowers death.

RICH MEDIA AD

An advertisement on the internet that contains an animation, flashing colours, audio and other range of enhancements.

RISK ANALYSIS

1. Corporate. A component of risk management consisting of identification, determination, evaluation and application. 2. Food industry. According to WHO/FAO it is the risk assessment, risk management and communication of risks.

RISK ESTIMATION

1.An expression of duration, magnitude, intensity and raech of a potential risk in montary terms. 2. The probability that exposure to a substance wikll have an adverse effect on an organism.

RISK PERCEPTION

The belief that is held about the possibility of a risk event occuring or the extent and timing of the risk.

RISK-ADJUSTED RETURN

The rate-of-return, ROR, on an investment from which the ROR on a different investment is deducted as long as the risk is similar.

ROLE AMBIGUITY

In Human Resource Management where the position is poorly presented and there is a lack of clear understanding.

ROMAN FACE

The upright type face as compared to a slanted type face like italics.

ROUND THE WORLD FARE

The fare that allows you to travel around the world in one direction with as many stops as you want.

RUGBY PROCESS

A process in deveolping products where the stages overlap instead of being defined.

RURAL

An area that is sparsely populated and located away from a city. Characterised by farming areas, open spaces and vegetation.

RATE OF CHANGE

Shown as a relative amount between changes in variables over a precise period. Stock traders depend on the swiftness of change of one stock price relative to another stocks price.

RATIO TEST

A test where a certain number of employees on the low end of the pay scale must equal 70 percent of the employees on the high end of the scale.

REACTION ADJUSTMENT

A lull in the price of a security or profit of the entire stock market after a rally.

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