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

RADIATION

1. The transmission of heat through space. It is aharmless form of radiation. 2. The ionising radiation that is emmitted by radio active particles. It is harmful to all living flesh and

RADICAL PROCESS IMPROVEMENT (RPI)

A method of reducing a process that may usually take months to happen, to make it happen in a much shorter period of time. An acceleration process that is sued in times

RADIO FREQUENCY IDENTIFICATION (RFID)

The identifying act of parcels, packages and other items with the use of transponders that emit a radio signal. It can be detected from a large distance without actually seeing the object.

RADIO FREQUENCY INTERFERENCE (RFI)

The noise that is heard when one radio wave is inteferred with by another radio wave of the same length. An electronic buzz that is heard when tuning into radio stations.

RADIOACTIVE

A material is considered to be radioactive if it emits enrgy that causes damage to living tissue. The rays or particles that are emitted are known as alpha, beta and gamma radiation.

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

RADIOISOTOPE

The known chemical variant of a naturally occuring element that is a mutated type and is subsequently mutagenic, carcinogenic and dangerous to living flesh.

RADIUS OF OPERATION

The area that is covered by a working vehicle. The vehicle operates on behalf of a company within and confined to a certain geographical area.

RADON

A gas that occurs naturally as the by product of the decay of naturally occuring uranium. The gas is both odourless and colourless. Although named a s aknown carcinogen by the EPA

RADON PROGENY

A short-lived decay product or radon 222. the isotopes are from the decay from bismuth 214, known as radium C, lead 214, known as radium B and polonium 214 and 218 that

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.

RAIN CHECK

A slip or chit that is given when an item is on sale and is unavailable for any reason. Gthe peron is able to buy the item when supplies are restocked. The

RAINBOW OPTION

Something that has more than one underlying option associated with it. These options are called colors. Hence the term rainbow option. These factors cannot be combined as one factor.

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

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

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

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

RANDOM

Events or data that acts ofm its own accord. It will show no recognised pattern or direction that can be plotted for the anticipation of future actions. A random event or action

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

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