Revenue Stamp

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A stamp or sticker which is put on an item, for example a packet of cigarettes, as proof that a government tax has been paid.

Reverse Auction

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A type of auction in which there are several sellers and only one buyer. The buyer usually purchases the goods or service from the seller who offers the lowest price.

Reverse Billing

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A payment method used for messaging on mobile phones in which the recipient pays for the text message.

Reverse Merger

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When a private company acquires the majority of a public company’s shares, therefore enabling the private company to get a public listing on the stock exchange.

Revolving Credit

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A type of credit agreement, e.g., a credit card, in which a person is given a specified credit limit which can be paid in full or in part, usually on a monthly basis. If the amount owing is paid in full in the first month then usually no interest is charged. When the full credit […]

Rider

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An attachment which makes amendments or provisions to an original contract or official document. In the entertainment industry, a rider is a list of demands made by a performer, usually before a show, sometimes including particular foods and drinks, hotels and transport, free tickets for friends and family, etc.

Rights Issue

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The issuing of new shares which are offered to a company’s existing shareholders at a fixed price, usually lower than the market price.

Risk

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In business, especially insurance, the amount of money a company stands to lose, or the threat of an action or event which will have an adverse effect on a business.

Roaming

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A service which enables a person to connect to the Internet, or use their mobile phone, while they are travelling.