A term in newspaper advertising where the colour used for ads is the same as the print colour used for non- advertising material .
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RUN OF SCHEDULE
The time for airing commercials at the station or channels discretion.
RUN ON THE BANK
Where a number of the banks customers all withdraw their money fearing that the institution may become insolvent shortly.
RUN RATE
The projected profit of a company is studied in order to make next years investment decisions.
RUN TIME
1. The time needed to finish one run. 2. The period time that an item is worked on.
RUN WITH THE LAND
A convention where convenants on land are passed from one owner to the next.
RUN, n
In American law . A watercourse of small size. Webb v. Bedford, 2 Bibb. (Ky.) 354.
RUN, v
To have currency or legal validity in a prescribed territory; as, the writ runs throughout the county. To have applicability or legal effect during a prescribed period of time; as, […]
RUNCARIA
within a given time, on pain of having judgment taken against him by default.
RUNCINUS
In old English law . A load-horse; a sumpter-horse or cart-horse.
RUNNING ACCOUNT
An open unsettled account, as distinguished from a stated and liquidated account . “Running accounts mean mutual accounts and reciprocal demands between the parties, which accounts and demands remain open […]
RUNNING AT LARGE
This term is applied to wandering or straying animals.
RUNNING COST
The cost it takes to operate an organisation on a regular basis.
RUNNING DAYS
Days counted in their regular succession on the calendar, including Sundays and holidays. Drown v. Johnson, 10 Mees. & W. 334; dwell v. Rar- reda, 10 Gray (Mass.) 472; Davis […]
RUNNING LEASE
Where a lease provided that the tenancy should not be confined to any portion of the land granted, but allowed the tenant the use of all the land he could […]
RUNNING OF THE STATUTE OF LIMITATIONS
A metaphorical expression, by which is meant that the time mentioned in the statute of limitations is considered as passing. 1 Bouv. Inst. no. 801.
RUNNING POLICY
A running policy is one which contemplates successive in- surances, and which provides that the object ‘of the policy may be from time to time defined, especially as to the […]
RUNNING ROYALTY
The compensation that is paid to the licensor or franchiser based on number of units sold or produced instead of being paid a lump sum.
RUNNING WITH THE LAND
A covenant is said to run with the land when either the liability to perform it or the right to take advantage of it passes to the assignee of that […]
RUNNING WITH THE REVERSION
A covenant is said to “run with the reversion” when either the liability to perform it or the right to take advantage of it passes to the assignee of that […]
RUNNING YIELD
The percentage of income annually from bonds at a set price that ignores any ‘pull’ that is caused by its closeness to its date of redemption.
RUNOFF
Expected future claims covered by reserves paid by an insurer.
RUNRIG LANDS
Lands in Scotland where the ridges of a field belong alternatively to different proprietors. Anciently this kind of possession was advantageous in giving a united interest to tenants to resist […]
RUPEE
A silver coin of India, rated at 2s. for the current, and 2s. 3d. for the Bom- bay, rupee.
RUPERT MURDOCH
The billionaire mogul of media who holds the major share in News Corp. An Australian with interests in print, television and music publications.