Business terms starting with R

202 terms

Replacement Cost Pays the dollar amount needed to replace the structure or damaged personal property without deducting for depreciation but limited by the policy’s…
Replacement Cost Value (RCV) The cost to replace property with the same kind of material and construction without deduction for depreciation.
Repointing Process of renewing mortar joints; see pointing
Reportable transaction Any transaction the IRS or FTB determines as having a potential for tax avoidance or evasion.
Reporting Individual The term is synonymous with "filer" of an SF 278, Public Financial Disclosure Report (see 5 C.F.R. § 2634.
Reporting Status Is a type of financial disclosure report an FDM filer can complete. For the SF 278 Filer, the Reporting Statuses are New Entrant, Incumbent, Termination…
representative office Foreign banks often open representative offices as a first step in establishing a presence in America.
Repurchase Agreements (“Repos”) An agreement to purchase securities from an entity for a specified amount of cash and to resell the securities to the entity at an agreed upon price and…
Required beginning date (RBD) Your required beginning date is the date by which you must take your first minimum required distribution from retirement savings plans that require…
Required wage rate Required wage rate means the rate of pay which is the higher of: (1) the actual wage for the specific employment in question; or (2) the prevailing wage…
Rescission The cancellation, or “tearing-up,” of a contract. Some consumer loans (home mortgages) feature a 3-day right of rescission during which the borrower…
Reserve requirement The Federal Reserve requires its member banks to keep a certain percentage of their customer deposits in cash and other liquid assets in reserve at all…
Residential Awning Any awning on a residential building and any awning on a commercial or mixed-use building except for storefront awnings.
Residential Condominium Building Association Policy (RCBAP) Policy issued to insure a residential condominium building and all units within the building, provided that the building is located in a Regular Program…
Residential fixed investment Consists of purchases of private residential structures and residential equipment that is owned by landlords and rented to tenants.
Residential Mortgage-Backed Securities (RMBS) A type of Mortgage-Backed Security backed by residential mortgage loans.
Residential structures Investment in residential structures consists of new construction of permanent-site single-family and multi-family units, improvements (additions…
Residual Interest Interest that continues to accrue on your credit card balance from the statement cycle date until the bank receives your payment.
Residual market Insurers, such as assigned risk plans and the Texas FAIR Plan, that exist to provide coverage for those who cannot get it in the standard market.
Resource Conservation and Recovery Act (RCRA) The primary goals of the Resource Conservation and Recovery Act (RCRA) are to protect human health and the environment from the potential hazards of waste…
resources Factors needed to produce goods and services (natural, human, and capital goods).
RESPA Abbreviation for the Real Estate Settlement Procedures Act. This act allows consumers to review settlement costs at application and once again prior to…
Respondent Name The name of the HMDA reporting institution.
Respondent or Reporter ID (RID) A ten-digit number used to identify a HMDA reporting institution. RIDs often require leading zeros to meet the length requirement.
Restoration The process of returning, as nearly as possible, a building or any of its parts to its original form and condition.
Restricted security Restricted securities are stocks or warrants that you acquire privately, through stock options or a corporate merger, rather than by buying them in the…
Retail credit card A credit card associated with a retail store. Depending on the type of card, you may be able to use it at locations other than the one where you received…
Retained earnings Retained earnings, also known as retained surplus, are the portion of a company's profits that it keeps to reinvest in the business or pay off debt…
Retaliation Retaliation includes intimidating, threatening, restraining, coercing, blacklisting, discharging, or discriminating in any other manner against a worker…
Retirement Accounts An account that helps you plan for your retirement. It is also the best way to save for tomorrow.
Retirement Annuity A monthly annuity payable to a member or his designated beneficiary. Retirement Systems This is the informal name used by the South Carolina Retirement…
Retractable Awning An awning attached to a frame which allows it to be extended out or folded or rolled back tight against the building façade
Return Your return is the profit or loss you have on your investments, including income and change in value.
Return Item A negotiable instrument—principally a check—that has been sent to one bank for collection and payment and is returned unpaid by the sending bank.
Return On Average Common Equity Net income available to common stockholders, as a percentage of average common stockholder equity.
Return on equity Return on equity (ROE) measures how much a company earns within a specific period in relation to the amount that's invested in its common stock.
Return on investment Your return on investment (ROI) is the profit you make on the sale of a security or other asset divided by the amount of your investment, expressed as an…
Return on Investments (ROI) In general, a concept used in business planning to determine the profit earned in relation to the value of the capital required to prduce the profit.
Return premium The premium returned to an insured for canceling or amending a policy.
Returned payment This is a payment that you make to us that is not honored by your financial institution.
Reveal The side of an opening for a door or window between the frame and the outer surface of a wall, showing the wall’s thickness.
Revenue Revenue is the money you collect for providing a product or service. Revenue is different from earnings, which is what's left of your revenue after…
Revenue bond Revenue bonds are municipal bonds issued to finance public projects, such as airports and roadways.
revenue tariff A tax on imported goods levied primarily to generate revenue for the federal government.
Reverse annuity A type of mortgage, designed for elderly homeowners with substantial equity, by which a lender periodically (monthly, for example) pays an amount to the…
reverse annuity mortgage A type of mortgage loan in which the lender makes periodic payments to the borrower. The borrower's equity in the home is used as security for the loan.
Reverse merger In a reverse merger, a privately held company purchases a publicly held company and, as part of the new entity, becomes public without an initial public…
Reverse Mortgage A reverse mortgage is a special home loan product that allows a homeowner aged 62 or older the ability to access the equity that has accumulated in their…
Reverse Mortgage (HECM) The reverse mortgage is used by senior homeowners age 62 and older to convert the equity in their home into monthly streams of income and/or a line of…
Reverse Repurchase Agreement A customer sells a group of securities to a broker-dealer under the provision that the customer will buy them back by a predetermined date for a specific…
Reverse stock split If a company's stock is trading at a low price, the company may decide to reduce the number of existing shares and increase their price by consolidating…
Reversible Alteration An alteration in which the altered feature can be readily returned to its appearance prior to the alteration.
Review Chain The assigned users selected within FDM to review and eSign a filer's financial disclosure report before it is completed. See definition of "Complete".
Review Date Review Date is the date on which a reviewer has completed a review of the report.
Reviewer For FDM purposes, a person who checks a filer's financial disclosure report for accuracy and completeness and to identify those financial interests that…
Reviewing Official The designated agency ethics official or his delegate, the Secretary concerned, the head of the agency, or the Director of the Office of Government…
Revocable trust A revocable trust is a living trust that can be modified or revoked by the grantor, or person who establishes the trust and transfers property to it.
Revolving Credit A credit agreement (typically a credit card) that allows a customer to borrow against a preapproved credit line when purchasing goods and services.
Revolving Debt Credit that is extended by a creditor under a plan in which (1) the creditor contemplates repeated transactions; (2) the creditor may impose a finance…
RHCDS Rural Housing and Community Service
Rider A written agreement attached to the policy expanding or limiting the benefits otherwise payable under the policy. Same as an "endorsement."
Right of First Refusal A provision in an agreement that requires the owner of a property to give another party the first opportunity to purchase or lease the property before he…
Right of Offset Banks' legal right to seize funds that a guarantor or debtor may have on deposit to cover a loan in default. It is also known as the right of set-off.
Right of Rescission Right to cancel, within three business days, a contract that uses the home of a person as collateral, except in the case of a first mortgage loan.
Right. A temporary privilege granted to existing common shareholders to purchase additional shares directly from the company at a stated price.
Rights of survivorship If two or more people own property jointly with rights of survivorship and one of the owners should die, the deceased owner's share of the property…
Rights offering In a rights offering, also known as a subscription right, a company offers existing shareholders the opportunity to buy additional shares of company stock…
RIMS II multipliers Estimates of regional input-output multipliers for any state, county, or combination of states or counties.
Risk The possibility of loss; the uncertainty of future returns.
Risk Assessment Guidance (RAGS) Part A of RAGS describes how to conduct a site-specific baseline risk assessment. The information in Part A is necessary background for Part D.
Risk Based Capital An amount of capital needed to offset losses during a ten-year period with adverse circumstances.
Risk Based Pricing Fee structure used by creditors based on risks of granting credit to a borrower with a poor credit history.
Risk Classifcation (See Underwriting.)
Risk Management Plans (RMP) Facilities are required to submit risk management plans (RMP) to EPA. Risk management plans will be available to State and local governments and citizens…
Risk premium A risk premium is one way to measure the risk you'd take in buying a specific investment.
Risk ratio Some investors and financial analysts try to estimate the risk an investment poses by speculating on how much the investment is likely to increase in…
Risk Scoring An automated way to analyze a credit report verses a manual review. It takes into account late payments, outstanding debt, credit experience, and number…
Risk Tolerance The degree to which you are willing to risk losing some (or all) of your original investment in exchange for a chance to earn a higher rate of return.
Risk-adjusted performance When you evaluate an investment's risk-adjusted performance, you aren't looking simply at its straight performance figures but at those figures in…
Risk-free return When you buy a US Treasury bill that matures in 13 weeks, you're making a risk-free investment in the sense that there's virtually no chance of losing…
Rock-faced Masonry treated with a rough surface that retains or simulates the irregular texture of natural stone.
Roll-down gate A security gate with a mechanism that allows it to roll up and down.
Rollover If you move your assets from one investment to another, it's called a rollover.
Rollover IRA A rollover IRA is an individual retirement annuity you create with tax-deferred assets you move from an employer sponsored retirement plan to a…
Roof Plan A drawing showing the arrangement of fixtures on the roof
Rooftop addition A construction or an installation of mechanical equipment and/or occupiable space situated on any structure's roof.
Rosette A round floral ornament, usually carved or painted.
Roth 401(k) The Roth 401(k) retirement plan, which was introduced in 2006, allows you to make after-tax contributions to your account.
Roth 401(k) Savings Plan After-tax retirement savings plan offered through the South Carolina Deferred Compensation Program .
Roth IRA A Roth IRA is a variation on a traditional individual retirement account (IRA).
Round arch A semicircular arch.
Round lot A round lot is the normal trading unit for stocks and bonds on an organized securities exchange or market, also called a trading platform.
Rowhouse One of a group of an unbroken line of attached houses that share common side walls, known as party walls.
Rubble stone Irregularly shaped, rough-textured stone laid in an irregular manner.
Rule of 78 A practice, called the Rule of 78, means that lenders front-load the interest they charge on a short-term loan to guarantee their profit if you pay off…
Rural Development (RD) The "Rural Development" mortgage program is governed by the USDA and is designed to promote homeownership in rural areas.
Rural Housing and Community Development Service A federal agency that administers mortgage loans for buyers in rural areas.
Rural Housing Service (RHS) An agency within the U.S. Department of Agriculture (USDA), which operates a range of programs to help rural communities and individuals by providing loan…
Rural Housing Service/Rural Development An agency, within the U.S. Department of Agriculture, formerly called the Farmers Home Administration (FmHA).
Russell 1000 Index This capitalization-weighted index, published by the Frank Russell Company of Tacoma, Washington, tracks the 1000 largest stocks that are included in the…