Related Words

State Mandated Benefits: When a state passes laws requiring that health insurance plans include specific benefits.

Rental Statement: A summary of rental amounts paid and security deposits collected on a property used for rental purposes.

Remainder Estate: A future interest in real estate created at the time and by the same instrument of the original estate, but limited its immediate authority upon the termination of the prior estate. For exam . . . View Full Definition

Residual Benefits: Residual benefits can help make up the difference in income if an employee is able to work, but limited in his/her responsibilities due to his/her disability.

Retained Earnings Statement: A statement of all transactions affecting the balance of a company's retained earnings account.

Riegle-Neal Interstate Banking And Branching Efficiency Act Of 1994: Law permitting interstate banking in the U.S.

Reinstatement: To bring something back to its prior position, as in restoring a defaulted loan to current status.

Registration Statement: A legal document filed with the SEC to register securities for public offering that details the purpose of the proposed public offering. The statement outlines financial details, a history o . . . View Full Definition

Real Estate Recovery Fund: A fund established in some states from real estate license revenues to cover claims of aggrieved parties who have suffered monetary damage through the actions of a real estate licensee.

Real Estate Settlement Procedures Act (RESPA): A federal law, enacted in 1974 and later revised, that ensures that the buyer and seller in a real estate transaction have knowledge of all settlement costs when the purchase of a one-to-fou . . . View Full Definition