Terms Beginning with R

R/C: Re-consigned

r. & c.c.: Riots and civil commotion

REBATE: A deduction taken from a set payment or charge. As a rebate is given after payment of the full amount has been made, it differs from a discount, which is deducted in advance of the payment. In foreign trade, a full or partial rebate may be given on import duties paid on goods, which are later re-exported.

RECIPROCITY: A practice by which governments extend similar concessions to one another.

REFG.: Refrigerating; Refrigeration

RORO (ROLL ON-ROLL OFF): Direct drive on/drive off wheeled vehicles on specially designed oceangoing vessels.

ROUTE: An established air passage, from point of departure to terminating station.

ROYALTY: A charge on charter flights levied by some governments before traffic rights are granted. Some times called a "no objection fee". Usually a fixed proportion of a total charter value.


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