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Rechtsbesitz (rekts-be-zits). See possession of a right under POSSESSION. [Blacks Law 8th]

Recht (rekt). [German “right”] 1. Law generally. 2. A body of law. 3. A right or claim. [Blacks Law 8th]

recharacterization. A court’s determination that an insider’s loan to an entity in liquidation (such as a corporation or partnership) should be treated as a capital contribution, not as a loan, thereby entitling the insider to only part of the liquidation proceeds payable after all the business’s debts have been discharged. • Factors influencing this determination…

  recessus maris (ri-ses-<<schwa>>s mair-<<schwa>>s). [Latin] A going back or retreat of the sea. See RELICTION. [Blacks Law 8th]

recession. A period characterized by a sharp slowdown in economic activity, declining employment, and a decrease in investment and consumer spending. Cf. DEPRESSION. [Blacks Law 8th]

recess (ree-ses), n.1. A brief break in judicial proceedings <the court granted a fifteen-minute recess so the attorney and plaintiff could confer>. Cf. CONTINUANCE(3). [Cases: Criminal Law 649; Trial 26.C.J.S. Criminal Law § 1155; Trial§ 113.] 2.Parliamentary law. A motion that suspends but does not end a meeting, and that usu. provides for resumption of…

receptus (ri-sep-t<<schwa>>s). [Latin “(a person) having been received”] Civil law. An arbitrator. • The term takes its name from the idea that the arbitrator is “received” by the parties to settle their dispute. [Blacks Law 8th]

  receptitious (ree-sep-tish-<<schwa>>s), adj. Roman law. 1. (Of a dowry) returnable by agreement to the donor upon the dissolution of the marriage. 2. (Of property) retained by the wife and not included in the dowry. [Blacks Law 8th]

reception. The adoption in whole or in part of the law of one jurisdiction by another jurisdiction. • In the legal idiom, it is most common to speak of the reception of Roman law. “In many parts of Europe monarchs encouraged a ‘reception’ of Roman law at the expense of medieval customary systems. On the…

receptator (ree-sep-tay-tor or -t<<schwa>>r). [Latin fr. receptare “to harbor (a criminal or the proceeds of crime)”] Scots law. 1. A harborer of a felon. 2. A receiver of stolen property. [Blacks Law 8th]