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Category: R

Recourse Loan

Definition A recourse loan is a type of debt financing where the lender has the legal right to collect the remaining loan balance from the

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Recourse

Definition Recourse, in finance, refers to the legal right of a lender to seek repayment of a debt from the borrower’s assets in case of

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Reconciliation

Definition Reconciliation, in finance, refers to the process of verifying that two sets of records are consistent and accurately aligned. This is commonly performed to

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Recovery Rate

Definition The recovery rate is a financial term that refers to the percentage of an asset’s value that can be recovered when a borrower defaults

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Redemption

Definition Redemption is a financial term that generally refers to the act of repaying or buying back something. In the context of finance, it can

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Redlining

Definition Redlining is a discriminatory practice where banks and insurance companies refuse or limit loans, mortgages, insurance, etc., within specific geographic areas, especially inner-city neighborhoods.

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Recurring Revenue

Definition Recurring revenue is a financial term referring to the portion of a company’s revenue that is expected to continue in the future. It is

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Record Date

Definition The Record Date is a crucial date set by a company when determining which shareholders are eligible to receive dividends or other corporate actions,

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Receipt

Definition A receipt is a written acknowledgment or document confirming that a specific transaction has taken place. In finance, it usually refers to proof of

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