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

RAILROAD RETIREMENT

This is a plan for retirement that it is only made available to workers employed by the railroad. Other employers not employed by the railroad are not eligible for this retirement benefit.

RANDOM VARIATION

The variability that is contained within a process that cannot be determined. These fluctuations and variations are caused by erratic and irregular actions that are the result of random chance. These random

RAMEN PROFITABLE

A term that is used to describe a person or company that is just breaking even by covering all living expenses. It indicates that a company is making more money that it

RANK AND FILE

The general employees that do not include the managerial positions and department heads. It derives from a military term where soldiers stood according to rank and in lines or files.

RAMP UP

The gradual increase in energy, manpower or quantities. Often when a production begins only a small quantity is produced. Over a period of time more and more is produced and moremoney is

RANGE CHART (R CHART)

A chart that is used to control the s tability of the variables of a product. A product will be stable over a set range of variables and it will tracked during

RANK AND CUT

A method of decision making that ranks the importance of each project. They are ranked by a set of criteria such as cash flow, risk factors, capital appreciation. The allocation of capital

RAMSEY PRICING

Named after Frank Ramsey, known as the elastic rule. This is a term used to imply that if the market increases the price will increase accordingly. People used to buying a product

RACK RENT

In the US it is applied to a rent that is excessively high. In the UK it applies to an amount that is not less than 2/3s of the rent a premises

RATABLE

1. The quality of an object that allows it to be rated or appriased under certain criteria. 2. A proportionate ratio of the whole. 3. A taxable quantity.

RASTER IMAGE PROCESSOR (RIP)

A device that will translate vector images into images that can be printed by dot matrix printers, laser printers and recognised by scanning equipment. It will produce a bitmap of an image.

RALLY

This term is used to describe the increase in a commodity. This increase will occur after a fall or decline in the value of a product. Often a term that is heard

RASTER GRAPHICS

Do you know about Raster Graphics? These graphics are made up of thousands of tiny pixels. When a raster image is enlarged you can see allof the little dots that go together

RATABLE VALUE

The value of a property on the real estate market. This value is based on the annual rent received for the property. A ratable value will be assessed to determine if any

RAPID PROTOTYPE

A model that is 3 dimensional and generated by a computer from a CAD drawing. The creation of this prototype model is made using different techniques. These techniques are selective laser sintering,

RACKET

An activity that is criminal and people subjected to a racket are usually deceived of their money. Methods used to get money or goods includes bribery, extortion and intimidation. See, What Is

QUASI ESTOPPEL

Quasi estoppel is an equitable doctrine that prevents a person from denying an act or assertion if such denial is deemed to bring harm to another who reasonably relied on the act

RASTERIZE

The adjustment of a computerised image so that it can be printed by a dot matrix printer or laser printer. The image will be adjusted in such a way that it becomes

RADIOGRAPHY

A non-destructive and non-invasive method of seeing inside a particular object. The rays used are gamma and beta radiation and can pass through tissue to expose solid features that are found inside

QUERY LANGUAGE

Also known as structured query language. The form that can be filled in order to start a search for some specific information.

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