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.

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Categories: R

ROLLING DOWN THE CURVE

Gaining capital by purchasing and holding longterm bonds in the event of declining yields. AKA riding the curve.

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ROGATORY LETTERS

A commission from one judge to another requesting him to examine a witness. See LETTER.

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ROGO

Lat. In Roman law. I ask; I request. A precatory expression often used in wills. Dig. 30, 108, 13, 14.

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Categories: R

ROGUE

In English criminal law. An idle and disorderly person; a trickster; a wandering beggar; a vagrant or vagabond. 4 Bl. Comm. 109.

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Categories: R

ROLE

The expected behaviour that is associated with a position or the status within a organisation or group. See Roles.

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Categories: R

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.

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Categories: R

ROLE AMBIGUITY

In Human Resource Management where the position is poorly presented and there is a lack of clear understanding.

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ROBOT

A machine that is controlled remotely or has been programmed to do certain tasks.

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Categories: R

ROLE CONFLICT

The lack of compatibility between expectations of a position or job.

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Categories: R