A bond whose interest rate adjusts so that it can be kept at actual value . If interest is down it is helpful but if it raises it hurts the […]
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RESET PAYMENT IN KIND (PIK) BOND
A security that gives investors bonds to keep their securities trading at par value. This is done by smaller more risk heavy companies who will have to offer more bonds […]
RESETTER
In Scotch law. A receiver of stolen goods knowing them to have been stolen.
RESETTLEMENT
to re-open a court decree to insert a provision that has been accidentally omitted at the time of settlement.
RESIANCE
Residence, abode, or continuance .
RESIANT
In old English law . Continually dwelling or abiding in a place; resident ; a resident. Kitchin, 33; Cowell.
RESIDE
To live somewhere such as a town or state.
RESIDENCE
Living or dwelling in a certain place permanently or for a considerable length of time. The place where a man makes his home, or where he dwells permanently or for […]
RESIDENCE PREMISES
The building occupied by the holder of the insurance policy .
RESIDENCE PRINCIPLE
The taxing of a body’s income according to the lws where they live.
RESIDENT
One who has his residence in a place. “Resident” and ” inhabitant ” are distinguishable in meaning. The word “inhabitant” implies a more fixed and permanent abode than does “resident;” […]
RESIDENT AGENT
an agen residing in the state where he works.
RESIDENT ALIEN
the name that is given to a foreignerwho means to live in the US on a permanent basis.
RESIDENT COMPANY
The jurisdiction that covers the place where a body is registered and carries on business.
RESIDENT FONT
Hard font that is installed into a printer’s ‘read only memory’ and is a standard feature. See downloaded font.
RESIDENTIAL
An area used for housing and commercial enterprises.
RESIDENTIAL COMMUNITY TREATMENT CENTER
See halfway house .
RESIDENTIAL DISTRICT
A area, geographically of homes and not commercial premises.
RESIDENTIAL MORTGAGE
The mortgage taken out for the purpose of purchasing a home.
RESIDENTIAL RESTRICTION
a local regulation that defines the type of buildings that can be built on particular areas or neighbourhoods.
RESIDENTIAL SECTOR
The unoccupied or occupied, rented, owned, one or multi-family houses, mobile homes that does not include institutional housing like schools, barracks for example.
RESIDUAL
Relating to the residue; relating to the part remaining.
RESIDUAL CUSHION
Usually expressed as a percentage of a project loan. It ois the net cash flow that remains after loan servicing . Called residual cover also.
RESIDUAL DISABILITY
The amount of disability that a person has after returning to work. A partial disability .
RESIDUAL INCOME
1. Net income earned by an investment over the minimum return rate. 2. Income from royalties to the owner.