RULE OF REASON

a federal rule that the antitrust law needs to be applied only to the unreasonable restraints of trade.

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Categories: R

RUN OF PRESS (ROP) COLOR

A term in newspaper advertising where the colour used for ads is the same as the print colour used for non-advertising material.

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Categories: R

ROYALTIES

Regalities; royal property.

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Categories: R

ROYALTY

A payment reserved by the grantor of a patent, lease of a mine, or similar right, and payable proportionately to the use made of the right by the grantee. See Raynolds v. Hanna (C. C.) 55 Fed. 800; Hubenthal v. Kennedy, 76 Iowa, 707, 39 N. W. 694; Western Union Tel. Co. v. American Bell Tel. Co., 125 Fed. 342, 60 C. C. A. 220. Royalty also sometimes means a payment which is made to an author or composer by an assignee or licensee in respect of each copy of his work which is sold, or to an in- ventor in respect of each article sold under the patent. Sweet

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Categories: R

RULE NISI

a Latin phrase where the ruling of a court becomes final unless one or both parties show cause for it not to be.

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ROYALTY-FREE

Being able to use another person’s intellectual property for no fee.

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RULE OF 72

A way used to calculate the time that a sum invested will double at a set interest rate; or calculation of the interest rate needed for a sum to double with a set time frame.

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Categories: R

RSTCRNA BREVIUM

he return of writs. The indorsement by a sheriff or other officer of liis doings upon a writ.

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RULE OF 78

A way of calculating the refund in interest on a loan with fixed installments that is paid off before the due date.

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Categories: R