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

RESTORATION

1. The return of equipment to operational state after repairs. 2. A firm returning to full scale operations after a disaster. 3. Re-establishment of flora and fauna to the ecosystem after a

RETAIL AUDIT

The study of selected retail outlets providing a service based on subscription to market research firms. They will gather information ona brand’s volume of sales, trends in sales, levels of stock and

RETAIL BANKING

Banking services such as savings accounts, credit cards, loans that are provided for individuals. See Consumer banking. See coprorate banking and wholesale bankinh.

RESTRICTED ACCOUNT

An account where the asset or margin has fallen lower than its minimum requirements. See Margin; Remargining

RETAIL SALES

Spending patterns of consumers that is based on retail sales of goods that will last more than 3 years and those that will last less than 3 years.

RESPONDEAT SUPERIOR

Latin-Let the chief answer. A superior is responsible for any acts of ommission or commission by a person of less responsibility to him.

RESTRICTED FARE

A fare that has been discounted for some reason during set times and with specific conditions met.

RESTRUCTURING

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

RETAILER

A person or business selling goods to the public as against a person or business selling to another business.

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.

RESULTING TRUST

An implied or constructive trust that is created by the trustorthat is not lawful.

RETIREMENT

1. The removal of any asset after its sale. 2. Forced or voluntary withdrawal from the job market. 3. Withdrawing a document from circulation. 4. The discharge or satisfaction of an obligation.

RETROACTIVE DATE

A date that may be included in a policy from where no other claims can be made.

RESOURCE DRIVER

The measure of costing the quantity of a resource that will be used by a certain activity. Used to allocate costs that are appropriate to the activity.

RETIRED

The act of being in retirement from working and with no plans to return to work.

RETRIEVAL REQUEST

Electronic commerce term where a specific transaction performed by a credit card is asked for by the issuer of the credit card.

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