Category: R

Fr. A trick iu war; a stratagem.

An equity that is weighted by market capitalisation that is published by the Frank Russell Company. Various indexes have been established such as the Russell 3000 index that measures the top 3000 compoanies performance, Russell 2500 that measures the 2500 smallest firms etc.

In old English law. A load-horse; a sumpter-horse or cart-horse.

An open unsettled account, as distinguished from a stated and liquidated account. ÒRunning accounts mean mutual accounts and reciprocal demands between the parties, which accounts and demands remain open and unsettled.Ó Brackenridge v. Baltzell, 1 Ind. 335; Leonard v. U. S., 18 Ct. CI. 3S5; Picker v. Fitzelle, 28 App. Div. 519, 51 N. Y. Supp. 205.

This term is applied to wandering or straying animals.

The cost it takes to operate an organisation on a regular basis.

Days counted in their regular succession on the calendar, including Sundays and holidays. Drown v. Johnson, 10 Mees. & W. 334; dwell v. Rar- reda, 10 Gray (Mass.) 472; Davis v. Pender- gast, 7 Fed. Cas. 102.

Where a lease provided that the tenancy should not be confined to any portion of the land granted, but allowed the tenant the use of all the land he could clear, it was called in the old books a “running lease,” as distinguished from one confined to a particular division, circumscribed by metes and bounds, within a larger tract. Cowan v. Ilatcher (Tenn. Ch. App.) 59 S. W. 091.

A metaphorical expression, by which is meant that the time mentioned in the statute of limitations is considered as passing. 1 Bouv. Inst. no. 801.

A running policy is one which contemplates successive in- surances, and which provides that the object ‘of the policy may be from time to time defined, especially as to the subjects of insurance, by additional statements or indorse- ments. Civ. Code Cal.