Law Dictionary Definitions

reinvestment. 1. The addition of interest earned on a monetary investment to the principal sum. 2. A second, additional, or repeated investment; esp., the application of dividends or other distributions toward the purchase of additional shares (as of a stock or a mutual fund). [Blacks Law 8th]

reinvested dividend.See DIVIDEND. [Blacks Law 8th]

reinsurer. An insurer that assumes all or part of a risk underwritten by another insurer, usu. in exchange for a percentage of the original premium. [Cases: Insurance 3593.] [Blacks Law 8th]

reinsured,n. An insurer that transfers all or part of a risk it underwrites to a reinsurer, usu. along with a percentage of the original premium. — Also termed cedent; cedant. [Cases: Insurance 3593.] [Blacks Law 8th]

reinsurance treaty.A contract of reinsurance (usu. long-term) covering different classes or lines of business of the reinsured (such as professional liability, property, etc.) and obligating the reinsurer in advance to accept the cession of covered risks. • Rather than receive individual notice of each specific claim covered, the treaty reinsurer will generally receive periodic reports…

reinsurance. Insurance of all or part of one insurer’s risk by a second insurer, who accepts the risk in exchange for a percentage of the original premium. — Also termed reassurance. [Cases: Insurance 3593.] “The term ‘reinsurance’ has been used by courts, attorneys, and textwriters with so little discrimination that much confusion has arisen as…

  reinstate,vb. To place again in a former state or position; to restore <the judge reinstated the judgment that had been vacated>. — reinstatement,n. [Blacks Law 8th]

  reinscription,n. Civil law. A second or renewed recordation of a mortgage or other title document. [Cases: Mortgages 96.] — reinscribe,vb. [Blacks Law 8th]

  re infecta (ree in-fek-t<<schwa>>). [Latin] Hist. The thing not having been done; the performance having failed. [Blacks Law 8th]

  reimbursement alimony.See ALIMONY. [Blacks Law 8th]