RENT

Net return on a production factor whose supply is perfectly inelas-tic (available only as a fixed amount), such as land. It is also called “pure economic rent.”

RENTAL

Rental is an emerging business model based on sharing fashion goods instead of their individual ownership. With the increased public awareness of the environmental and social impacts of fashion, co-ownership initiatives and sharing economy that have already disrupted other sectors are also gaining popularity in fashion. Rental can increase the use rates of under-used items […]

REPAIR

Repair is a practice of clothing care where a worn, torn or otherwise damaged piece is restored to be used and enjoyed again. This may include techniques such as darning, patching, reinforcing seams and panels with new material, or replacing missing or faulty components such as buttons or zips. In India, for example, a rafoogar […]

REPAIRABILITY

Repairability refers to the potential of fashion items to be easily repaired and maintained, ensuring they are kept in use for longer. This is enabled for example by including components that can be replaced, such as buttons, or by providing extra swatches of materials for visible or invisible mending. Alternatively, easy access to professional repair […]

REPLACEMENT COST

Replacement Cost is an insurance term that indicates the total cost needed to build a new home, or to adequately replace an old one with a new one, at the same or higher value.

REPLACEMENT COST APPRAISAL

Finding market value of an asset by estimating its replacement cost minus any value loss due to depreciation.

REPORTABLE QUANTITY

Quantity of a hazardous substance that triggers reports under CERCLA. If a substance exceeds its RQ, the release must be reported to the National Response Center, the SERC, and community emergency coordinators for areas likely to be affected.

REPORTING

‘The process of formal reporting of assessment results to the UNFCCC, according to predetermined formats and according to established standards, especially the IPCC [Intergovernmental Panel on Climate Change] Guidelines and GPG [Good Practice Guidance].’ (UN-REDD, 2009)