Renewal Notice

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An advanced notice of payment required to renew insurance cover, subscription, etc., by a certain date.

Rental Fleet

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Cars, vans, etc., which a business leases from a vehicle leasing company for its workers to use, usually sales teams, executives, service engineers, etc.

Reporting Line

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In a business or organisation, employees, managers, etc., who report to the next person higher up, usually their boss.

Repossess

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To take back property, goods, etc., usually from an individual or organisation who has failed to repay a loan or has defaulted on a repayment plan.

Research

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The gathering of information, facts, data, etc., about a particular subject.

Reserve Currency

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A foreign currency which is permanently held by a country’s central bank, and is used for international transactions.