Reverse Discrimination: Illegally Favoring Protected Groups
Condition occurring when an employer illegally favors the hiring and promotion of protected groups of minorities and women while excluding other candidates from consideration.
Reverse Split: Reducing Shares Outstanding
A detailed explanation of the reverse split procedure, where a corporation reduces the number of shares outstanding while maintaining the market value.
Reversing Entry: Essential Accounting Practice
A reversing entry is a crucial accounting procedure used to cancel out previous journal entries, simplifying the accounting process by mitigating errors and facilitating accurate financial reporting.
Reversion: Future Property Interest
Reversion refers to the interest that remains with a property owner who has granted an estate less than their own full interest. This interest allows them to regain the property at some point in the future.
Reversionary Factor: Understanding the Present Worth of Future Dollars
An in-depth look at the reversionary factor, a vital financial metric that calculates the present worth of one dollar to be received in the future using the interest rate and time period variables.
Reversionary Interest: Property Rights Upon Estate Termination
A comprehensive overview of Reversionary Interest, a type of property interest that reverts to the original owner upon the end of a preceding estate.
Reversionary Value: Estimated Property Value at Future Date
An in-depth exploration and explanation of reversionary value, a crucial concept in real estate finance, which refers to the estimated value of a property at the expiration of a specific time period.
Review: Limited Assurance in Financial Reporting
An overview of the accounting service providing limited assurance to stakeholders based on inquiry and analytical review, as defined by professional standards.
Revocable Beneficiary: An Abridged Examination
An in-depth analysis covering the definition, types, considerations, examples, and historical context of revocable beneficiaries, including FAQs and related terms.
Revocable Trust: An Adjustable Estate Planning Tool
A revocable trust is a flexible estate planning tool wherein the grantor may alter the provisions or cancel the trust at will. This differs from an irrevocable trust, which permanently transfers assets out of the estate.
Revocation: Recall of Authority, Cancellation of Instruments or Offers
Revocation refers to the recall of authority previously conferred, the cancellation of a previously effective instrument, or the termination of an offer which nullifies the power of acceptance.
Revolving Charge Account: Flexible Credit with Continuous Borrowing
A Revolving Charge Account is a credit account that allows for continuous borrowing up to a credit limit, without requiring the balance to be paid in full each month.
Revolving Credit: A Flexible Financial Tool
Comprehensive overview of revolving credit, including its definition, types, examples, and implications in both commercial and consumer banking.
Revolving Fund: Financial Mechanism for Repeated Use
A Revolving Fund is an account or sum of money that, if used or borrowed, is intended to be replenished to its original balance, so it may be spent or loaned repeatedly.
Revolving Line of Credit: Flexible Access to Funds
A comprehensive look into revolving lines of credit, highlighting their flexible nature, usage, and key differences from other credit forms.
Rezoning: Action to Change the Designation of a Parcel on the Zoning Map
Rezoning involves changing the allowed uses for parcels of land by altering their designation on the zoning map. This can have significant implications for property development and land use planning.
RGB Technology: Color Image Production on Displays
RGB technology is a method used to produce color images on displays by combining red, green, and blue light. This technology differentiates computer monitors from TV screens, utilizing three separate wires for each color rather than a single-wire composite video.
Rich: Financial Security and Wealth
An analysis of the term 'rich' in financial contexts, including its application to securities, interest rates, and its broader meaning as a synonym for wealth.
RICO: Racketeer Influenced and Corrupt Organizations Act
An in-depth exploration of the Racketeer Influenced and Corrupt Organizations Act (RICO), its legal framework, historical context, applicability, and detailed implications in law enforcement and organized crime.
Rider: An Endorsement to an Insurance Policy
A comprehensive guide on Riders in insurance policies—modifications that alter clauses and provisions, adding or excluding coverage.
Right of First Refusal: Preemptive Opportunity in Contracts
Detailed explanation of the Right of First Refusal (ROFR), a contractual right that allows specific parties to match the terms of a proposed contract before it's executed.
Right of Redemption: Right to Recover Property
The right to recover property transferred by a mortgage or other lien by paying off the debt either before or soon after foreclosure, also called equity of redemption.
Right of Rescission: Consumer Protection in Credit Contracts
The Right of Rescission is a provision granted by the federal Consumer Credit Protection Act of 1968, which allows consumers to void a credit contract within three business days, ensuring a full refund of any downpayment and without penalty.
Right of Survivorship: Legal Doctrine in Joint Tenancy
The Right of Survivorship is a legal doctrine that allows a surviving joint tenant to acquire the interest of a deceased joint owner, primarily observed in Joint Tenancy and Tenancy by the Entirety.
RIM: Research In Motion, Producer of the BlackBerry
Research In Motion (RIM), now known as BlackBerry Limited, was a prominent producer of the BlackBerry smartphone series. This entry explores the history, impact, and significance of RIM in the technology industry.
Risk: Measurable Possibility of Losing or Not Gaining Value
Risk refers to the measurable possibility of losing or not gaining value. It encompasses various types such as actuarial risk, exchange risk, inflation risk, among others, distinguishing itself from uncertainty, which is not measurable.
Risk Arbitrage: Strategic Investment
Risk Arbitrage involves simultaneous stock transactions in companies engaged in merger activities, aiming to profit from discrepancies between anticipated and actual acquisition prices.
Risk Retention: A Self-Insurance Method
An in-depth look at Risk Retention, a self-insurance method where organizations create reserve funds to manage unexpected financial claims, its comparison with contingency funds, types, and applications.
Risk vs. Reward: A Comprehensive Financial Concept
Exploring the financial concept of Risk vs. Reward, comparing potential fluctuations with benefits to assess the worthiness of an investment.
Risk-Averse Investors: Understanding Preferences and Behaviors
A comprehensive examination of risk-averse investors, including their preferences, behaviors, implications in various markets, and comparisons to other types of investors.
Risk-Financing Transfer: Understanding Risk Financing in Insurance
Risk-Financing Transfer involves paying an insurance premium to an insurance firm for coverage against certain risk hazards. This strategy is crucial in minimizing financial loss associated with unforeseen events.
Risk-Free Rate: The Interest Rate on the Safest Investments
The Risk-Free Rate is the interest rate on the safest investments, typically federal government obligations, and serves as a benchmark for evaluating other investment opportunities.
Riskless Transaction: Trade Guaranteeing a Profit
A riskless transaction is a trade that guarantees a profit to the trader who initiates it, usually by exploiting market inefficiencies. See also [Arbitrage].
RO-RO (Roll On-Roll Off): Cargo Ship Design
RO-RO (Roll On-Roll Off) ships allow vehicles and other wheeled cargo to be rolled on and off the vessel, providing rapid turnaround, fewer man hours, and greater ship utilization.
Robinson-Patman Act: Antitrust Acts
The Robinson-Patman Act is a United States federal law that aims to prevent anticompetitive practices by prohibiting discriminatory pricing. This act is part of a broader range of antitrust laws intended to promote fair competition.
Robot: A Programmable Computerized Machine
A detailed overview of robots, their types, history, applications, and the underlying robotics technology.
Robotics: The Science and Study of Robots
An in-depth look into the science and study of robots, exploring developing applications, history, and related terminologies.
Rocket Scientist: Expert in Aerospace Engineering and Intelligence Synonym
A Rocket Scientist, often representing high intelligence and expertise in aerospace engineering, can develop new techniques or products. The term can be used negatively to imply that a subject is easily understandable. See also No-Brainer and Quant.
Rod: Linear Unit of Measurement Equal to 16½ Feet
A comprehensive explanation of the rod, a historical unit of measurement equal to 16½ feet, covering its applications, history, and related concepts.
Role Playing: Simulation Exercise for Better Understanding
Role playing is a training exercise where participants act out specified roles in a dramatization to achieve a better understanding of a situation via realistic simulation. It is widely used for educational and training purposes.
Rolling Stock: Transportation Equipment That Moves on Wheels
An in-depth exploration of rolling stock, which encompasses transportation equipment that moves on wheels, including railroad cars, locomotives, tractor-trailers, and trucks.
Rollover Loan: Special Mortgage Type with Adjustable Interest Rates
A detailed explanation of Rollover Loans, a type of mortgage loan commonly used in Canada, that blends long-term amortization with short-term adjustable interest rates.
ROM: Read-Only Memory
A comprehensive guide to Read-Only Memory (ROM), its types, applications, and significance in computing.
Round File: Wastebasket in Office Terminology
A round file, also known as a wastebasket, circular file, or file 13, is a term used in office environments to refer to a container where waste paper and other trash are discarded.
Round Lot: Generally Accepted Unit of Trading on a Securities Exchange
A round lot, typically 100 shares for stocks or a specific par value for bonds, represents the standard trading unit on major securities exchanges like the New York Stock Exchange.
Rounding Error: Approximation in Numerical Computing
A detailed exploration of rounding error, its causes, types, examples, historical context, applicability, comparisons, related terms, FAQs, references, and a summary.
Router: Network Component that Joins Several Networks Together Intelligently
A router is a critical network device that connects multiple networks, allowing data to be routed between them efficiently. Often used in home and business environments to manage internet traffic, routers provide both wired and wireless connections.
Routing: Production Method for Determining Manufacturing Sequences
Routing is a production method for determining the sequence of manufacturing steps necessary to complete a product. Routing is determined by the type of product and its associated production process.
Royalty Trust: Oil and Gas Income without Corporate Taxation
A Royalty Trust is an investment vehicle in which an oil or gas company spins off its producing properties, providing significant tax benefits and steady income to shareholders.
RPG: Role-Playing Game & Report Program Generator
Detailed explanation of RPG, encompassing both Role-Playing Games and the Report Program Generator programming language.
RSS: Really Simple Syndication
An overview of RSS (Really Simple Syndication), an XML file format used by news websites and blogs to notify subscribers of updated content.
Rubber Check: A Check with Insufficient Funds
A rubber check is a check that cannot be processed because there are insufficient funds in the account to cover the value written on the check. This article explores its implications, historical context, examples, and related financial terms.
Rule Against Perpetuities: Legal Limitation on Property Interests
The Rule Against Perpetuities is a legal principle that ensures that a contingent interest in property must vest no later than 21 years after the death of a relevant measuring life, preventing indefinite control of property across generations.
Rule of 78s: Unearned Interest Calculation Method for Installment Loans
The Rule of 78s is a method used to calculate the interest charged on installment loans with add-on interest. It is based on the sum of the digits from 1 to 12 for a 12-month loan.
Ruling: Advance Ruling from the IRS and Court Decisions
Detailed explanation of IRS advance rulings and court decisions, including their definitions, types, historical context, applicability, and FAQs.
Run: Comprehensive Overview in Banking and Computing
A detailed explanation of 'Run' in the contexts of banking and computing, including the historical implications, causes, and effects.
Run of Paper (ROP): Advertisement Placement in Publishing
A comprehensive overview of Run of Paper (ROP), an advertising strategy where the logistical position of a newspaper advertisement is determined at the publisher's discretion. Understanding its types, rates, and applications.
Run of Schedule (ROS) Advertising: Flexible Ad Placement
A comprehensive guide to Run of Schedule (ROS) advertising, explaining how advertising time is allocated in broadcast schedules, the benefits, considerations, and pricing structures involved.
Run with the Land: Legal Concept and Applications
A comprehensive overview of the legal concept 'Run with the Land,' explaining the nature of rights or restrictions that affect all current and future property owners.
Rundown: A Status Report or Summary
A comprehensive overview of the term 'rundown,' which refers to a concise status report or summary often used in professional settings.
Rural: Pertaining to Non-Urban Areas
An in-depth exploration of rural areas, focusing on their characteristics, significance, historical context, and comparison with suburban and urban regions.
Rurban Areas: Transitioning from Rural to Urban
Rurban areas represent regions on the fringe of urban development that are in the process of being developed for urban uses, blending characteristics of both rural and urban environments.
S Corporation: Tax-Efficient Business Structure
An S Corporation provides limited liability protection while allowing income to flow through to shareholders, thus avoiding double taxation.
S Corporation: Tax Election for Small Business Corporations
A comprehensive guide to S Corporations, a tax election that allows small businesses to pass income directly to shareholders, avoiding double taxation.
S.A. (Sociedad Anonima or Société Anonyme): Corporation Designations
S.A., also known as Sociedad Anonima or Société Anonyme in Spanish and French respectively, is a designation for a corporation used in many legal and business contexts. It refers to a type of business entity where shareholders are not personally liable for the company's debts.
S&L: See Savings and Loan Association
A reference to see Savings and Loan Association for detailed information about S&L entities, their operations, history, and significance in finance and banking.
S&P 500: United States Stock Market Index
A comprehensive overview of the S&P 500, a widely-used stock market index in the United States representing 500 of the largest companies.
S&P/Case-Shiller Index: Comprehensive Home Price Measurement
The S&P/Case-Shiller Index is a comprehensive measurement of U.S. residential real estate prices, tracking changes in the value of residential real estate.

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