Rights of Return financial definition of Rights of Return
Right of Return (redirected from Rights of Return)
Right of Return
The legal right that an individual has to go back to his/her country. The right of return is guaranteed by the Universal Declaration of Human Rights, but there is debate about what is meant by "country," whether it refers to one's physical place of birth or the state with which one's ethnicity is associated. The right of return remains controversial in many places, notably Israel and the Palestinian territories.
References in periodicals archive
It has been clear at all stages of the negotiations that this process aims to eliminate the core issue of the Arab/Palestinian struggle for freedom and justice: the Palestinian refugees and their rights of return
When rights of return
exist, or are likely to be accepted, FAS 48 dictates that it may be possible that a reasonable estimate of refunds can be made before revenue can be recognized from the transactions.
Arrangements that include rights of return
or rights to refunds without return, require the vendor to provide a reasonable estimate of the future returns or refunds in accordance with FASB statement 48 "Revenue Recognition when Right of Return Exists."