What Is the Recovery Rate? Recovery rate is the extent to which principal and accrued interest on defaulted debt can be recovered, expressed as a percentage of face value. The recovery rate can also be defined as the value of a security when it emerges from default or bankruptcy. The recovery rate enables an estimate
What Are Rectangles? Rectangle refers to a pattern in which the price of an asset stays within an upper and lower limit. As the price stays between these limits, bouncing back and forth, a rectangle can be drawn, or seen, around the price action. Rectangles are also referred to as ranges. Key Takeaways A rectangle
What Is a Real Option? A real option is an economically valuable right to make or else abandon some choice that is available to the managers of a company, often concerning business projects or investment opportunities. It is referred to as “real” because it typically references projects involving a tangible asset (such as machinery, land
What Is Real Property? Real property is a parcel of land and everything that is permanently attached to the land. The owner of real property has all of the rights of ownership, including the right to possess, sell, lease, and enjoy the land. Real property may be classified according to its general use as residential
What Is the Real Rate of Return? The real rate of return is the annual percentage of profit earned on an investment, adjusted for inflation. Therefore, the real rate of return accurately indicates the actual purchasing power of a given amount of money over time. Adjusting the nominal return to compensate for inflation allows the
What Is Real-Time Trade Reporting? Real-time trade reporting refers to a regulatory requirement that market makers (MMs) publicly report each transaction immediately after it is completed. Real-time trade reporting improves efficiency and transparency in the market. Real-time trade reporting should not be confused with real-time quotes (RTQs), which instead provide bid and offer information about
What Is a Realtor? A realtor is a real estate professional who is a member of the National Association of Realtors (NAR), a professional association. The NAR defines the term realtor as a federally registered collective membership mark that identifies a real estate professional who is a member of the association and subscribes to its
What Is Reasonable Doubt? Reasonable doubt is legal terminology referring to insufficient evidence that prevents a judge or jury from convicting a defendant of a crime. It is the traditional standard of proof that must be exceeded to secure a guilty verdict in a criminal case in a court of law. In a criminal case, it
What Is a Reasonableness Standard? The term “reasonableness standard” has several applications in finance and law. In general, the standard is related to the requirement that expectations placed upon a party are considered reasonable. A fiduciary relationship, for example, is a professional standard between a client and service provider that both puts the client’s interests
What is a Reassessment A reassessment refers to a periodic reevaluation of a property’s value for tax purposes. State and local governments assess property taxes based on two variables: property values and tax rates. Local laws vary, but reassessment generally takes place every one to five years or when a property changes hands. Some municipalities also
