Round Robin: A tournament format in which players are organised into groups of 3 or 4 players and compete against all other members of the group, players are then ranked according to number of matches, sets and games won and head to head records. The top 1 or 2 players then qualify for the next stage of the tournament.

 

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Round Robin: A tournament format in which players are organised into groups of 3 or 4 players and compete against all other members of the group, players are then ranked according to number of matches, s . . . View Full Definition

Round-Up Calls-Billing: When calls are billed by the minute, any call that uses a portion of a minute is rounded up and billed for the whole minute. For example, if you make a call that lasts 3 minutes and 2 second . . . View Full Definition

Round-Turn: Procedure by which the long or short position of an individual is offset by an opposite transaction or by accepting or making delivery of the actual financial instrument or physical commodity.

Round-Trip Transactions Costs: Costs of completing a transaction, including commissions, market impact costs, and taxes.