ROLLING BUDGET The way in which a budget is set at the start of an accounting period is able to be amended reflecting any variances that arise.
ROLLING DOWN THE CURVE Gaining capital by purchasing and holding longterm bonds in the event of declining yields. AKA riding the curve.
ROGATORY LETTERS A commission from one judge to another requesting him to examine a witness. See LETTER.
ROGO Lat. In Roman law. I ask; I request. A precatory expression often used in wills. Dig. 30, 108, 13, 14.
ROGUE In English criminal law. An idle and disorderly person; a trickster; a wandering beggar; a vagrant or vagabond. 4 Bl. Comm. 109.
ROLE The expected behaviour that is associated with a position or the status within a organisation or group. See Roles.
ROBINSON-PATMAN ANTI- DISCRIMINATION ACT the name of a statute that forbids a price discrimination between those who bought the commodities of similar grade and quality where the effect of discrimination may diminish competition or to create monopolies.
ROLE AMBIGUITY In Human Resource Management where the position is poorly presented and there is a lack of clear understanding.