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

RESIDENT COMPANY

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

RESIDENTIAL

An area used for housing and commercial enterprises.

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.

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.

RESIDUAL PAYMENT

The payment that continues to be received after the services or goods have been provided. An example would be music on a movie sound track that was previously released.

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

RESISTOR

A device used in the conducting of electrical currents that controls the direction of current flow by the application of resistence. May be variable, fixed or both.

RESOURCE

A factor of production or economy needed for an activity. Basic resources are, labour, land, capital. Others can include information, energy, entrepreneurship, expertise, time and management.

RESOURCE DEPENDENCE

The reliance a firm has on any inputs from external sources such a senergy, capital and labour.

RESOURCE DRIVEN

The time that is taken to complete a project relying on time taken to group all resources and not the actual time that is available.

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.

RESOURCE PLAN

The detailed summary of all resources required to complete a certain project.

RESOURCE RECOVERY

The extraction from the waste stream of useful products such as heat energy from burning waste.

RESPIRATOR

The breathing apparatus that is self-contained and protects against harmful exposure to substances in the air.

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.

RESPONDENT SUPERIOR

A doctrine that holds the employer liable for any wrongful acts of any employee in leagl terms.

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