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

RETURN OF CAPITAL

An inflow of cash from sale of capital assets, depreciation or savings on tax that is not related to other eatained or accumulated earnings.

RETURN OF CASH VALUE

The provision in an insurance policy that states if the insured dies between certain dates, the policy a face value and the cash value on the date of the death of the

RETURN OF PREMIUM

A benefit equal to the amount of premiums paid, minus claim amounts, will be paid during a set period of time if claims don’t exceed a set percentage of premiums paid.

RETURN ON COMMON EQUITY

A strategy regarding the return on equity of securities that show the effect the common shares have on a company’s profitability.

RETURN PREMIUM

The amount of money given back to the insured when a policy is cancelled or the rate is adjusted or the premiums have been over paid.

RETURN PROTECTION

A benefit that is offered to credit card holders that will allow them to get credit for a returned item even if the seller does not take returns.

RETURNED CHECK

A cheque that is returned after it has been dishonoured by the bank.

RETURNMENT

A term derived from reirement when a previuosly retired person returns to work at his previous place of employment.

RETURNS

Any m erchandise that has been sold and is then returned to the place of purchase.

REUSABILITY

The way an item can be used repeatedly compared to a one use item.

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.