The time for airing commercials at the station or channels discretion.
RUN OF SCHEDULE
Category: R
RUNNING ROYALTY
The compensation that is paid to the licensor or franchiser based on number of units sold or produced instead of being paid a lump sum.
RUN ON THE BANK
Where a number of the banks customers all withdraw their money fearing that the institution may become insolvent shortly.
RUNNING WITH THE LAND
A covenant is said to run with the land when either the liability to perform it or the right to take advantage of it passes to the assignee of that land. Brown.
RUN RATE
The projected profit of a company is studied in order to make next years investment decisions.
RUNNING WITH THE REVERSION
A covenant is said to “run with the reversion” when either the liability to perform it or the right to take advantage of it passes to the assignee of that reversion. Brown.
RUN TIME
1. The time needed to finish one run. 2. The period time that an item is worked on.
RUNNING YIELD
The percentage of income annually from bonds at a set price that ignores any ‘pull’ that is caused by its closeness to its date of redemption.
RUN WITH THE LAND
A convention where convenants on land are passed from one owner to the next.
RUN, n
In American law. A watercourse of small size. Webb v. Bedford, 2 Bibb. (Ky.) 354.