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

REPOSITIONING

The changing of a brands status or position among the competing brands. See positioning.

REPOSSESSION

1. Voluntary or forced surrender of goods to the owner due to the inability to pay for them. 2. Legal process where the lender takes back property or assests when the borrower

RESERVE

The amount of money that is kept aside by the insurer so all debts can be covered.

RESERVE CAPACITY

The capacity that is gteater than that needed to satisfy a peak demand.

REQUISITIONED PROPERTY

Any property that has been taken by the government. It may be real estate, equipment, vehicles or machinery.

REPORTING REQUIREMENTS

The information that is needed by an organisation, governement departmentor an employer that is needed in a time frame.

RESEARCH

Basic or applied method of increasing the knowledge by finding new information.

RESIDENT COMPANY

The jurisdiction that covers the place where a body is registered and carries on business.

REPROCESSING

Treating material retrieved from the waste stream to make new products.

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.

RESILIENCE

1. The ability of a material to return to its size and shape after deformation. 2. The ability of a piece of machinery or a system to absorb impact of a component

REPLACEMENT RESERVES

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

RESIDENTIAL SECTOR

The unoccupied or occupied, rented, owned, one or multi-family houses, mobile homes that does not include institutional housing like schools, barracks for example.

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