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

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.

REUSE

A way of re-introducing a by-product or waste product back into the process of manufacturing.

REUTERS

A leading company in news and information reporting arpound the world.

REVALIDATION

An official confirmation or approval of a document such as a ticket after it has expired or changed.

REVALUATION

1. The adjustment up of currency value in respect to another currency value or exchange rate. 2. The adjustment up of the book value of assets.

REVALUATION RESERVE

An account kept in reserve to record any surplus that is cfeated with the re-valuing of assets.

REVENUE BASE

The major source and a regular part of total revenue of a government or firm for example.

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