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

REINTERMEDIATION

1. Finance: Surge of investors’ funds into bank deposits, from nonbanking investments such as real estate or stock market. 2. Internet: Reemergence of the traditional middleman the intermediary in new forms.

REINVESTMENT

The use of dividends or capital gains to purchase additional shares of stock instead of receiving a cash payout.

REJECTED BID

This is a response to an invitation to bid and the proposal was not chosen for a variety of reasons.

REJECTION

Term used when rejecting a claim for insurance or if the risk for insurance is deemed to be too great.

RELATIONSHIP

A particular type of connection existing between people related to or having dealings with each other.

RELATIVE ADVANTAGE

A situation in which a country, individual, company or region can produce a good at a lower opportunity cost than a competitor.

RELATIVE DENSITY

Relative density is the ratio of the density of a substance to the density of a given reference material. If a substance’s relative density is less than one then it is less

RELATIVE FAIR MARKET VALUE

A way of allocating a lump-sum or ‘basket’ purchase price to the individual assets acquired based on their respective market values.

RELATIVE HUMIDITY

It can be defined as, a type of humidity that considers the ratio of the actual vapor pressure of the air to the saturation vapor pressure. It is usually expressed in percentage.

RELATIVE MARKET SHARE

Relative market share is comparing market share of a company with that of its next biggest competitor. Having a relative Market share of >1 means you are the market leader that outperforms

RELATIVE PRICE

A relative price is the price of a commodity such as a good or service in terms of another; i.e., the ratio of two prices.

RELATIVE PURCHASING POWER PARITY

Relative purchasing power parity relates the change in two countries’ expected inflation rates to the change in their exchange rates. Inflation reduces the real purchasing power of a nation’s currency. If a

RELATIVE URL

A url that is RELATIVE only shows a partial address – like images/me.jpg – and the success or failure of finding the file is contingent on certain conditions being met – which

RELATIVE VALUE

A method of determining an asset’s value that takes into account the value of similar assets. In contrast, absolute value looks only at an asset’s intrinsic value and does not compare it

RELATIVE VALUE UNIT

RVU is an acronym that stands for “relative value unit.” Some physician employers such as hospitals and groups use an RVU formula to calculate compensation or bonuses for physicians. An RVU is

RELAY

A relay is an electrically operated switch. Many relays use an electromagnet to operate a switching mechanism mechanically, but other operating principles are also used. Relays are used where it is necessary

RELEASE CONDITION

Release conditions allow you to create a custom learning path through the materials in your course. When you attach a release condition to an item, users cannot see that item until they

RELEASE OF LIEN

When a person pays off a loan in full, the lien is removed. The asset is no longer pledged to the creditor when the balance is completely paid. When this happens, the

RELEVANT INFORMATION

Any data that applies to the situation or problem that can help towards finding a solution.

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