CORPORATE & INSTITUTIONAL GLOSSARY

Rate

Receiving Depository Financial Institution (RDFI)

Reciprocal

Record Date

Recourse

Redeposited ACH

Registered Owner

Registrar

Rejection Of Transfer

Release Of Cargo

Relinquished Property

Reorganization Department

Replacement Property

Residual Value

Restricted Transfer

Return Statement

Revaluation

Reversal

Reverse Exchange

Rollover

A Reverse Exchange occurs when the exchangor (taxpayer) closes on the replacement property prior to closing on the relinquished property.