Terms Starting with R

  • Relative Strength Index (RSI)Acronym,
    • Reliant Home Warranty Corporation (RHWC)Company, Ottawa, Ontario, Canada,
      • Reliction Definition,
        • An increase in the amount of land that occurs when a river or sea permanently withdraws.
      • Relocation Benefits Definition,
        • Money and other consideration that an employer gives to employees who move or are transferred at the company's behest. Can include reimbursement for packing and moving, house-hunting trips, and temporary housing and storage.
      • Relocation Company Definition,
        • A business that specializes in providing help to employees who move for their employer.
      • Remaining Balance Definition,
        • Unpaid principal on a loan.
      • Remaining Interest-Only Period (RIOP)Acronym,
        • Remaining Term Definition,
          • The time it will take to pay off the rest of an instalment loan as scheduled.
        • Remote Office Home Office (ROHO)Acronym,
          • Renegotiable Rate Mortgage (RRM)Acronym,
            • Renewable Term Definition,
              • An insurance policy that is can be renewed without needing the policyholder to re-qualify for insurance coverage.
            • Renewal Definition,
              • Signing on again with the same lender once a term is up.
            • Renewal Premium Receipt (RPR)Acronym,
              • Renewal Transfer (RT)Acronym,
                • Renfrew County Real Estate Board (RCREB)Company,
                    See Ottawa Real Estate Board (OREB).
                  • Renovated (ren, renov)Abbreviation,
                    • Rent Definition,
                      • When one party pays another for the use of an asset, service or property.
                    • Rent Loss Insurance Definition,
                      • Hazard insurance that pays for a loss in rental value or rental income if damage causes the property to become unfit for habitation.
                    • Rent with Optional Buy (R/opt)Abbreviation,
                      • Rent-to-Own (RTO) Acronym,
                        • An agreement to purchase an asset after a series of rental payments.
                      • Rental Agreement (RA) Acronym, Important,
                        • A document that states the terms and conditions for tenancy of a dwelling.
                      • Rental Dwelling Policy (RDP)Acronym,
                        • Rental Income from Property (RIP)Acronym,
                          • Rental Policy (RL)Acronym,
                            • Rental Property (RP) Acronym, Important,
                              • Property that is occupied by rent-paying tenants and not the owner.
                            • Rented (rnt)Abbreviation,
                              • Renter's Insurance Definition,
                                • Insurance that covers renters for liabilities or damages occurring to or within insured property.
                              • Repayment Period Definition,
                                • In a home equity line of credit, that portion of the life of the loan that follows the draw period. During the repayment period, the borrower cannot take out any more money, but must pay down the loan.
                              • Repayment Plan Definition,
                                • Modification of an existing loan after the borrower has been delinquent. Often used when the borrower misses payments but the lender does not foreclose.
                              • Replacement Cost Definition,
                                • The amount one would have to pay to rebuild and refurnish with materials and items of similar value. The cost of replacing an asset with one of equal value without taking depreciation into account.
                              Compare. Calculate. Apply today.
                              Compare Mortgage RatesMortgage CalculatorsApply for a Mortgage