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RECEIVABLE

An amount due and owing, the amount to be paid for a prepaid service or product that has been delivered and is outstanding. … [Read more...] about RECEIVABLE

RECIDIVIST

by Law Professor

A repeat criminal offender, usually one who commits the same crime multiple times. … [Read more...] about RECIDIVIST

REALIZED GAIN and REALIZED LOSS

by Law Professor

An amount of money that is recognized as a gain or a loss after the close of a transaction or event. … [Read more...] about REALIZED GAIN and REALIZED LOSS

REASONABLE MAN

by Law Professor

A legal term to describe how a reasonably prudent person within a community would judge or behave in a specific situation. … [Read more...] about REASONABLE MAN

REALM

by Law Professor

A kingdom; a country. … [Read more...] about REALM

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