L. Lat. Succession; rotation. “Rota of presentations ;” “rota of the terms.” 2 W. 151. 772, 773. Tlie name of two ancient courts, one held at Rome and the other […]
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ROTABLE
1. An element or component that can be repeatedly restored to a working and serviceable condition. 2. A way of servicing equipment where a failed piece is replaced by a […]
ROTATION
The completion of one cycle, route, process or circuit.
ROTH IRA
An account that an individual can pay into for retirement that qualifies as a tax saving account. Tax is paid on deposit but not on withdrawal.
ROTHER-BEASTS
A term which includes oxen, cows, steers, heifers, and such like horned auimals. Cowell.
ROTTEN BOROUGHS
Small boroughs in England, which prior to the reform act, 1S32, returned one or more members to parliament .
ROTTEN CLAUSE
A clause sometimes inserted in policies of marine insurance , to the effect that “if, on a regular survey, the ship shall be declared unseaworthy by reason of being rotten […]
ROTULUS WINTONIZE
The roll of Winton. An exact survey of all England, made by Alfred, not unlike that of Domesday ; and it was so called because it was kept at Winchester, […]
ROTURE
Fr. In old French and Canadian law. A free tenure without the privilege of nobility; the tenure of a free commoner.
ROTURIER
Fr. In old French and Canadian law. A free tenant of land on services exigible either in money or in kind. Steph. Lect. 229. A free commoner; one who held […]
ROUGH
An early version of an art work, ad layout, script or story board used to show clients themes to be used awaiting their approval.
ROUGH CUT
An approximate measure that extimates a quantity’s soundness.
ROUND LOT
A securities order typically carrying lower returns or charges than odd lots that are traded in the standard size in accordance with the market.
ROUND THE WORLD FARE
The fare that allows you to travel around the world in one direction with as many stops as you want.
ROUND TRIP
When an exchange traded derivative is bought and sold quickly.
ROUND TRIPPING
The strategy where a business will sell an asset and then want it back at a time in the future.
ROUND-ROBIN
A circle divided from the center, like Arthur’s round table, whence its supposed origin. In each compartment is a signature, so that the entire circle, when filled, exhibits a list, […]
ROUNDING
The way of expressing a quantity to its nearest whole number , or multiple of 10 by slightly increasing and reducing quantities.
ROUNDING ERROR
An error that is caused by the rounding up or down of figures from a number of more digits to one of less digits.
ROUNDTABLE
The seating arrangement or a discussion where all people are peers.
ROUNDTABLE COST ESTIMATING
The estimating of costs by all aspects of a production team that get together and work this out.
ROUP
In Scotch law. A sale by auction. Bell.
ROUT
trust for Roman Catholics, hut invalidated by reason of certain of the trusts being su- perstitious or otherwise illegal. 3 Steph. Comm. 70.
ROUTE
Fr. In French insurance law. The way that is taken to make the voyage insured. The direction of the voyage assured.
ROUTE OF ENTRY
The way a substance is able to enter the body such as ingestion (mouth), inhalation (lungs) or absorption (cintact).