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

RESTRICTED ACCOUNT

An account where the asset or margin has fallen lower than its minimum requirements. See Margin; Remargining

RESTRUCTURING

A fundamental and sometimes drastic change that will alter the relationships within a company or with other companies.

REPUBLICAN

Member of US political party started in the 1850s by a group of Democrats who split from the main party.

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

SECONDARY DISASTER

A disater that is started by a first disaster and happens after the initial disaster. Such as a fire that occurs after an earthquake.

SECONDARY PRODUCT

A product that has been processed from raw materials that is not classed as the primary product produced by the company.

SECURE ELECTRONIC TRANSACTION (SET)

An open industry standard developed by Visa and Mastercard to secire online commerce transactions. When using SET the buyers details are encoded and then sent to Visa and Mastercard to be uncoded

SECURED

A credit, obligation of loan that is guaranteed by a pledge of an item of gtreater or equal value on liquidation.

SECRET RESERVE

The amount that is not disclosed to anyone that is involved in buying or bidding on bonds and stocks. The only person who knows the amount is the person who is issuing

SECONDARY PACKAGING

The packaging that encloses the primary product . The box that a packet or item is sold in.

SECONDARY STRIKE

A strike that has occured where labour is withheld due to teh company buys or sells from a firm where the workers are striking.

SECURITIES

A negotiable or non-negotiable investment or financing instrument that can be sold and bought on the finnacial market. Bonds, stocks, debentures notes and options are included.

SCALE DRAWING

The size of a drawing in relation to the actual size of the object drawn.

ROTH IRA

An account that an individual can pay into for retirement that qualifies as a tax saving account. Tax is paid on deposit but not on withdrawal.

SECONDARY PICKETING

The picketing of a company that is not a direct party to a labour dispute. It may be buying or selling to the party where action is happening.

SECONDARY CARE

This is medical care that comes from another doctor or professional that the patient has been referred to for extra care and treatment.

SEASONAL INDUSTRY

An industry that is dependent on weather conditions or seasonal phenomena that has high and low cycles. Fruit picking is a good example of this.

SCANNER

A pice of hardware that can be stand alone or attached to a computer to copy documents. It converts the text or image to a digital file.

ROUTINE

1. Any activity performed at regular intervals.2. The repitition of a procedure that does not vary.

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