Pro Rata—A distribution of money or goods in proportionate parts.

Protest—A formal notice acknowledged before a notary that a note or draft was not paid at maturity, and that the maker will be held responsible for the payment.

Quotation—A price named for a given article or for services.

Ratify—To approve; to sanction the acts of an agent.

Raw Material—Material to be manufactured into other products—as iron ore, pig iron, lumber, etc.

Real Estate—Primarily refers to land, although buildings are frequently included.

Rebate—An allowance or deduction. See Allowance.

Receipt—An acknowledgment that money or something of value has been received.

Receiver—One appointed to take charge of the affairs of a corporation, either solvent or insolvent, and administer its affairs under orders of the court.

Remittance—Money or funds of any character transmitted from one place to another.