
Qualify. The information-gathering process that salespeople use to determine a prospect´s buying potential.
RAM (Random Access Memory). Chips in a computer that store frequently used information, allowing the CPU to access it quickly. But data stored in RAM is erased when the computer is turned off. RAM is usually measured in megabytes of storage capacity.
Rentable Square Feet. The total square feet available for lease. Typically, when landlords quote a price per square foot, they are talking about rentable square feet.
Return on Investment. The amount of profit (return) based on the amount of resources (funds) used to produce it. Also, the ability of a given investment to earn a return for its use.
Resale Carrier. A company that buys telephony services in bulk and sells them to others at a markup.
Retainer. A contract between a lawyer and a client in which the lawyer agrees to provide certain legal services for money. The agreement formalizes the lawyer-client relationship and explains the relative duties of lawyer and client toward one another.
Right of First Offer. The right to be the first person offered a particular item (such as stock or real estate).
Right of First Refusal. The right to be the first person allowed to purchase a certain item (such as stock or real estate) if it is ever offered for sale.
Roaming. Using a wireless phone outside the home service area defined by the service provider. Roaming often incurs higher per-minute rates as well as daily access fees and long distance charges.
ROM (Read-only Memory). Memory chips that permanently store data. A hardware or software vendor usually programs a computer´s ROM. The software necessary for a computer to start, including the BIOS, is usually stored in ROM.