Category: R

A firms ability to identify their financial resources, expertise, and operating mandate to determine how much risk they are able to take.

Economic capital set aside to cover risk related exposure and losses. It can be handled internally or with regulations. Refer to regulatory capital and risk adjusted return on capital.

A suit is said to be “ripe for judgment” when it is so far advanced, by verdict, default, confession, the determination of all pending motions, or other disposition of preliminary or disputed matters, that nothing remains for the court but to render the appropriate judgment. See Ilosmer v. Iloitt, 161 Mass. 173, 36 N. E. S35.

the term that is given to a point in the case where everything that should be done is done before a final judgement is made.

a supreme court doctrine dictating that a case shouldn’t be decided before the necessity has arisen for it to be decided.

An effect that is indirect but radiates out from the initial effect.

A gratuity or reward given to tenants after they had reaped their lord’s corn, or done other customary duties. Cowell.

An ancient code of laws by which the Ripuarii, a tribe of Franks who occupied the country upon the Rhine, the Meuse, and the Scheldt, were governed. They were first reduced to writing by The- odoric, king of Austrasia, and completed by Dagobert. Spelman.

Owners of lands bounded by a river or watercourse.

L. Lat In the civil law. A chest for the keeping of clothing. Calvin.