Commission paid to an agent after the first year commission has been paid to that agent. Renewal commissions generally form a substantial portion of an agent’s income after four years in the

Rent control refers to laws or ordinances that set price controls on the renting of residential housing. It functions as a price ceiling.

Rental pools can also be used for personal property, such as computers. They are also applicable for installment purchase agreements, where rental revenue from the property is counted toward the purchase price.

A type of property that derives more than 80% of its revenue from dwelling units. Residential rental property uses the 27.5 year modified accelerated cost recovery system (MACRS) schedule for depreciation.

The expense that is involved when an order is repeated. It may be an internal order for manufacturing or an external order for supplies.

The level reached in inventory indication the need for more supplies.

1. General. The restoration of a damaged, broken or failed device to return it to its original intent.2. Quality control. The action that needs to be performed so a product can fulfill

A repayment mortgage is a term generally used in the UK to describe a mortgage in which the monthly repayments consist of repaying the capital amount borrowed as well as the accrued

Plan setup and agreed upon between a borrower and creditor that outlines how the money will be paid back. The repayment plan clearly indicates the original loan amount, how much goes to

To revoke or rescind, especially by an official or formal act. 2. Obsolete To summon back or recall, especially from exile.

1) In digital communication systems, a repeater is a device that receives a digital signal on an electromagnetic or optical transmission medium and regenerates the signal along the next leg of the

1. The act or process of replacing or of being replaced; substitution. 2. One that replaces, especially a person assigned to a vacant military position.

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

To rebuild an amount of money that is available for things such a petty cash fund.

A contract in which the seller of securities, such as Treasury Bills, agrees to buy them back at a specified time and price. also called repurchase agreement or buyback. Or we can

An arrangement for the presentation of balance sheets where assests are listed from the top of the page followed by liabilities.

An item or a task that has a variety of data collected for it.

A form used by the insured to send updates on stock value, home improvements and furniture to the insurer.

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

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