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

REFLEX EFFECT

Propensity of free and open markets to routinely return to a balanced state through price mechanisms, following attempts to maintain an unnaturally high or low price.

REFRACTIVE INDEX

This term refers to the measure of bending a ray of light as it passes from one object or medium to another.

REFRACTORY

Materials that can tolerate extremely high temperatures without degrading or softening. Refractory materials include certain ceramics and super alloys, and are found in furnaces, jet and rocket engines, and the shuttle.

REFRESHER TRAINING

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

REFRIGERANT

A specially made chemical used in cooling mechanisms including refrigerators and air conditioners. This chemical acts as the heat carrier and changes from liquid to gas.

REFRIGERATION

The process of keeping an item below room temperature by storing the item in a system or substance designed to cool or freeze. A refrigerator is the most commonly used storage item.

REFRIGERATION CAPACITY

Measure of the cooling power of a refrigerator expressed in BTUs per hour, or in tons where one ton refers to 12,000 BTUs or the energy required to melt 2000 pounds of

REFURBISHING

Bringing older or damaged equipment to either a better looking or workable condition. They are usually in better condition than reconditioned items.

REFUSAL LETTER

A refusal letter is written in response to a job offer that an individual chooses to refuse due to circumstances such as acceptance of another position or lack of interest.

REFUSE DERIVED FUEL

This term refers to heat that is derived from shredding solid waste that has had glass and metals removed.

REFUTATION

This term refers to the establishment of the falsity of an argument.

REGION

This term refers to an area where people live, work and participate in daily activities.

REGIONAL

This term refers to a small, geographical area.

REGIONAL OFFICE

This is an office that is located in a geographic location of the area where business is handled. Also known as a branch office.

REGISTER OF CHARGES

In the U. K. the register records all charges on an incorporated firms assets. This must be kept at the firms registered office.

REGISTERED BROKER

This term relates to any broker that is registered with the SEC or on a particular exchange.

REGISTERED OWNER

Owner whose name is recorded in a security issuer’s registers as the security’s owner and is entitled to receive dividend or interest and principal payouts. Also called record holder.

REGRESSIVE

This term relates to the inclination that something will revert to a previous lower state.

REGRESSIVE SUPPLY CURVE

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.

Topic Archives:

Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.