define explain r

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

R

Rebate – A sum of money that is refunded or returned.

Records – Documents and paperwork relating to financial matters.

Refinancing – Restructuring the terms of an existing loan, or arranging a new one, in order to gain financial benefits (ie. lower interest rates, debt consolidation etc.).

Registered entity – Something that is registered for GST.

Repayment – Payments made by a borrower to a lender resulting from an original loan.

Repossession – Occurs in cases where a borrower fails to repay the loan, and the lender assumes possession of any assets that have been provided as security.

Residual value – Estimated value of vehicle at the end of the lease term.

Risk – The possible losses one is exposed to when investing over a period.

Risk profile – The risk an individual is prepared to take on in return for potentially higher returns.