What Is the Right of Foreclosure? The right of foreclosure describes a lender’s ability to take possession of a property through a legal process called foreclosure when a homeowner defaults on mortgage payments. The mortgage’s terms will outline the conditions under which the lender has the right to foreclose. State and national laws also regulate
What Is Right-Shoring? Right-shoring is the placement of a business’s components and processes in localities and countries that provide the best combination of cost and efficiency. It is a strategy in which a business analyzes the complexity and importance of required tasks and entrusts their completion with the most suitable workforce, regardless of location. Right-shoring
What Is a Rights Offering (Issue)? A rights offering (rights issue) is a group of rights offered to existing shareholders to purchase additional stock shares, known as subscription warrants, in proportion to their existing holdings. These are considered to be a type of option since it gives a company’s stockholders the right, but not the obligation
What Is a Right-to-Work Law? A right-to-work (RTW) law gives workers the freedom to choose whether or not to join a labor union in the workplace. This law also makes it optional for employees in unionized workplaces to pay for union dues or other membership fees required for union representation, whether they are in the
What Is Rig Utilization Rate? The rig utilization rate describes the number of oil drilling rigs being used by a company as a percentage of a company’s total fleet. A company’s rig utilization rate often speaks volumes about both the company’s prospects and the global economic landscape. Quite often during times of economic recession, rig
What Is a Ring-Fence? A ring-fence is a virtual barrier that segregates a portion of an individual’s or company’s financial assets from the rest. This may be done to reserve money for a specific purpose, to reduce taxes on the individual or company, or to protect the assets from losses incurred by riskier operations. Moving
What Is a Rio Trade? The term Rio trade refers to a high-risk financial market transaction that a trader makes in order to recover previous losses. The term originated from the idea that a desperate trader would buy a ticket to Rio de Janeiro and hop on a plane to escape creditors, regulators, or legal
What Is Ripple? Ripple is a blockchain-based digital payment network and protocol with its own cryptocurrency, XRP. Ripple’s main process is a payment settlement asset exchange and remittance system, similar to the SWIFT system for international money and security transfers, which is used by banks and financial middlemen dealing across currencies. The token used for the
What Is Ripple Swell? Ripple Swell is the annual conference held by the American technology company Ripple. It is a private event for Ripple customers, prospects, and partners only. In 2021, multiple on-demand Swell experiences were offered. Due to the pandemic, Ripple Swell was held virtually in 2020. In October 2019, the conference was held
What Is the Rising Three Methods Pattern? “Rising three methods” is a bullish continuation candlestick pattern that occurs in an uptrend and whose conclusion sees a resumption of that trend. This can be contrasted with a falling three method. Key Takeaways Rising three methods is a bullish continuation candlestick pattern that occurs in an uptrend
