a term that means to cancel or reverse a judgement of the court due to a matter about the facts.
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RECALL RATIO
This term refers to the number of records gathered in a database search divided by the total number of records indexed on that subject in the catalog. See also precision […]
RECALL TEST
The advertising effect of print media when a subject is asked if he or she remembers any of the advertising messages. Prompted recollection is aided recall , unprompted is called […]
RECANT
a term that means to take back or to withdraw a statement that has been made, to repudiate.
RECAPITALIZATION
Restructuring a company to create more equity and reduce debt. The company may be solvent or filing for bankruptcy. Or reorganizing the voting abilities of stock. AKA deleveraging. Refer to […]
RECAPTION
A retaking, or taking back. A species of remedy by the mere act of the party injured , (otherwise termed “reprisal,”) which happens when any one has deprived another of […]
RECAPTURE
The taking from an enemy, by a friendly force, a vessel previously taken for prize by such enemy. Receditur a placitis juris, potius quam in j urine et delicta maneant […]
RECAPTURE OF DEPRECIATION
This rule refers to the addition of a gain that has been realized on a depreciable asset when the asset has sold for more than its book value, as taxable […]
RECAREERING
This term refers to someone making a complete career change later in their life. This change is usually intended to pursue a dream job or a major change in the […]
RECAST TRIGGER
An event that triggers a recasting of the payment plan for an ARM mortgage. For instance, if the borrower makes a minimum payment for 5 years, the payment schedule can […]
RECEIPT
A receipt is the written acknowledgment of the receipt of money, or a thing of value, without containing any affirmative obligation upon either party to it; a mere admission of […]
RECEIPTOR
A name given In some of the states to a person who receives from the sheriff goods which the latter has seized under process of garnishment , on giving to […]
RECEIVABLE
Accounting term for monetary amount due from a customer, employee, supplier or other source. Receivables, considered as accounts receivable , notes receivable , etc., and represent an asset of the […]
RECEIVABLE DAYS
This term refers to the number of days that a company allows a consumer to pay for the services and goods that they purchase.
RECEIVE
To acquire or get something. Someone can receive an item such as a letter or a gift or can receive something non-tangible such as a word of encouragement or praise.
RECEIVED FOR SHIPMENT BILL OF LADING (B/L)
Used where the goods arrive at the port of departure before the ship does. Serves only as a receipt for goods accepted for shipment and does not certify their placement […]
RECEIVER
A receiver is an indifferent person between the parties appointed by the court to collect and receive the rents, issues, and profits of land, or the produce ot personal estate, […]
RECEIVER SWAPTION
A swap that allows the buyer to receive fixed rates but pay floating rates in interest. This happens when an asset falls below strike price . Refer to payer swapation.
RECEIVER’S CERTIFICATE
A certificate that is comparable to a lien and distributed by a receiver to cover assets in the event of liquidation . Payments come first, before any other claims can […]
RECEIVERSHIP
After filing for bankruptcy an overseer is assigned until the courts decide to liquidate or reorganize.
RECEIVING
This term refers to the administrative functions that include checking the quantity, quality and condition of any incoming goods followed by their proper storage.
RECEIVING STOLEN GOODS
the part of the defendant. Steph. PI. 59; 3 Bl. Comm. 310.
RECENCY
Measure of the time elapsed since (1) an advertisement was last published, or (2) the last purchase was made by a customer, or (3) a commercial was last broadcast.
RECENCY EFFECT
The idea that once a customer makes a purchase from a company, they are more likely to buy the same product or other products that are offered by the same […]
RECENCY ERROR
A Flaw or Inaccuracy in performance appraisal or job interview, caused by the evaluator or the interviewer’s dependence on the most recent occurrences of the employee or the applicant’s behavior.