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Category: R

Rho

Definition Rho refers to a parameter in options pricing models that measures the sensitivity of an option’s price to changes in the interest rate. It

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Revocable Trust

Definition A revocable trust is a type of legal entity that allows property or assets to be held, managed, and distributed on behalf of the

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Revolving Door

Definition In finance, the term “revolving door” is a metaphor that refers to the movement of individuals between roles in private sector companies and government

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Revolving Credit

Definition Revolving credit is a flexible method of borrowing money wherein a borrower has a maximum credit limit and can continuously borrow up to that

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Rider

Definition In finance, a rider is an amendment or addition to a document, particularly an insurance policy, that changes or enhances the terms or scope

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Revocable Beneficiary

Definition A revocable beneficiary is a person nominated in a life insurance policy or other similar agreement who can be altered or removed by the

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Right of First Offer

Definition The Right of First Offer (ROFO) is a contractual agreement in finance where an asset owner agrees to give another party the first opportunity

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Ripple (Cryptocurrency)

Definition Ripple is a digital payment protocol and also a cryptocurrency, known as XRP, developed by Ripple Labs Inc. The protocol enables fast, direct transfers

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