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| Reactive power
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The electrical power that oscillates between the magnetic field of an inductor and the electrical field of a capacitor. Reactive power is never converted to non-electrical power. Calculated as the square root of the difference between the square of the kilovolt-amperes and the square of the kilowatts. Expressed as reactive volt-amperes. |
| Read only memory (rom)
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Permanent memory in a computer that can be repeatedly accessed but not changed. |
| Ready, willing and able buyer
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Real estate term describing one who is capable of action and planning to do so. For example, having the financial ability and being agreeable to the terms of a contract. |
| Ready-mix
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(1) Concrete that has been mixed prior to delivery to a building site. (2) Any material where all combined elements are combined at the factory. |
| Ready-mix truck
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A cement mixer. A truck designed to agitate ready-mix concrete en-route to the building site. |
| Real assets
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Investments, that you can access and that can be held indefinitely or sold for a profit after appreciation. |
| Real estate
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Land and anything permanently affixed to it, such as buildings. |
| Real estate agent
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Person licensed by a state to represent a buyer or seller in a real estate transaction in exchange for a commission. Agents must work in association with a real estate broker or brokerage company. |
| Real estate board
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Local group of real estate brokers who are members of the State and National Board of Realtors. They meet regularly to help determine licensing requirements as well as managing the multiple listing service of their area. |
| Real estate broker
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Person, corporation or partnership licensed by a state to represent a buyer or seller in a real estate transaction in exchange for a commission. Brokers supervise licensed real estate agents, who act for the broker, who is legally the principal agent in any transaction. |
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