money and financial problems

Quantum meruit is Latin for "as much as one has deserved." Quantum meruit is an equitable remedy that provides restitution for unjust enrichment, often employed in contract law. 

• contracts

Ransom is money or other consideration paid to or demanded by someone in exchange for the release of a kidnapped person or stolen property. It may also refer to the verb of demanding or paying the money to release the kidnapped person. 

Redeem has multiple definitions:

See redeem.

[Last reviewed in May of 2024 by the Wex Definitions Team]

Redlining can be defined as a discriminatory practice that consists of the systematic denial of services such as mortgages, insurance loans, and other financial services to reside

Reserved power of appointment is when the owner of the appointive assets gives the appointive assets away, but reserves to themselves a power of appointment (the ability to choose the beneficiaries of the property).

• trusts and estates

Restitution refers to both the return of something wrongfully taken, and to compensate for loss or injury.

A retaining lien is a type of attorney’s lien that a lawyer holds over a client’s documents, property, or money that is in the lawyer’s possession due to the lawyer-client relationship.

A reverse mortgage allows homeowners, usually those 62 or older and maintaining their home as their primary residence, to borrow money using their home as security for the loan. The title for the home remains in the name of the person taking out the reverse mortgage.

See: revocation.

[Last reviewed in June of 2024 by the Wex Definitions Team]