Economics/Glossary

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• Random_walk [r]: Please do not use this term in your topic list, because there is no single article for it. Please substitute a more precise term. See Random_walk (disambiguation) for a list of available, more precise, topics. Please add a new usage if needed.
• Recession (economics) [r]: Conventionally defined as two consecutive quarters of negative growth of gross domestic product (except in the United States). ^[e]
• Redemption yield [r]: the yield provided by a bond or other fixed-interest security taking account of the difference between its purchase price and the amount payable when it matures (also known as yield to maturity). Calculated as the internal rate of return of the security. ^[e]
• Rent-seeking [r]: Behaviour that increases the welfare of a person or group at the expense of the welfare of others. ^[e]
• Repurchase agreement [r]: A contract giving the seller of an security the right or obligation to buy it back at a specified price on a given date. Used as a way of borrowing or lending using the security as collateral. (The interest rate charged is known as the "repo rate"). ^[e]
• Reserve ratio [r]: The ratio of a bank's reserves to its deposits, a minimum value of which is set by its central bank with the effect of limiting the proportion of its deposits that the bank is permitted to lend. ^[e]
• Ricardian equivalence [r]: the argument that government spending will not increase demand because it will prompt taxpayers to save an equivalent amount in anticipation of a resulting tax increase. ^[e]
• Risk premium [r]: The ratio of the rate of return from an asset to the rate of return available from a risk-free investment. ^[e]
• Run (banking) [r]: An attempt by a large number of investors to withdraw their deposits. ^[e]