21 terms starting with R
The R&D tax incentive is a tax offset program, administered by AusIndustry and the ATO, that reduces the net cost of eligible experimental research and development for companies.
Read definitionA rate is a ratio or charge expressed against a unit, commonly per year, that measures cost, return or proportion; in finance it usually means an interest rate.
Read definitionRatio analysis is the technique of turning balance sheet, profit and loss and cash flow figures into simple ratios that show a business's liquidity, profitability, efficiency and solvency.
Read definitionThe RBA (Reserve Bank of Australia) is Australia's central bank: it sets the cash rate that flows through to loan and savings rates, and operates key payment settlement systems.
Read definitionReceivables are amounts owed to your business, mainly by customers for goods or services supplied on credit, recorded as assets on the balance sheet until they are collected.
Read definitionRecourse is a lender's or financier's right to pursue the borrower or its guarantors for what is still owed after the security or the underlying receivable falls short.
Read definitionReducing balance depreciation is a depreciation method that charges a fixed percentage of an asset's written-down value each year, so the deduction starts high and falls over time.
Read definitionRefinancing is replacing an existing loan with a new one, from the same or a different lender, to change the interest rate, term or features, or to release equity.
Read definitionRelationship lending is credit that a lender underwrites and manages using information built up over repeated dealings with the borrower, blending hard data with soft insights from relationship managers.
Read definitionA renewal option is a clause in a commercial lease that gives the tenant the right to extend the lease for a further term on pre-agreed or determined terms.
Read definitionRentals are arrangements to pay for the use of an asset without owning it, and in a lease contract the periodic payments themselves.
Read definitionRepossession is the enforced recovery of goods that secure a loan, such as a car, ute or machinery, after the borrower has defaulted on the contract.
Read definitionResidual risk is the exposure that remains after controls have been applied to an inherent risk: the risk an organisation must still accept, transfer or treat further.
Read definitionResidual value is the amount a leased car or asset is expected to be worth when the lease ends, set at the start and used to calculate the rentals.
Read definitionA residual value guarantee (RVG) is a lessee's or third party's promise to pay the lessor any shortfall if a leased asset sells for less than its agreed residual.
Read definitionResidual value insurance (RVI) is a policy that pays an owner, lessor or financier the shortfall when an asset sells below its agreed residual value at lease end.
Read definitionResponsible lending obligations are duties under the NCCP Act that require lenders and brokers to inquire into and verify a consumer's finances and not provide or suggest unsuitable credit.
Read definitionA reverse mortgage is a secured loan that lets an older homeowner borrow against the equity in their home, with no regular repayments while they live there.
Read definitionRevolving credit is a form of credit that lets you draw, repay and redraw funds up to a pre-set limit, with minimum monthly repayments.
Read definitionRisk weighting is the method banks use to scale each asset by how risky it is, so riskier lending requires more capital behind it.
Read definitionA roll-over is an automatic renewal clause that extends a fixed-term agreement for a new term unless one party gives notice to end it within the required window.
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