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Value, measure, or degree; a charge, payment, or price determined through the application of a mathematical formula or based upon a scale or standard.

For example, an interest rate is determined by the ratio between the principal and interest.

Rate is also used synonymously with tax.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.

RATE. A public valuation or assessment of every man's estate; or the ascertaining how much tax every one shall pay. Vide Pow. Mortg. Index, h.t.; Harr. Dig. h.t.; 1 Hopk. C. R. 87.

A Law Dictionary, Adapted to the Constitution and Laws of the United States. By John Bouvier. Published 1856.
References in periodicals archive ?
Carrasquilla added that the Spanish economist "demonstrated during his eight years as economy minister for his country his enormous capacity for solving problems and understanding the difficulties that the modern international economy is overcoming." Carrasquilla thought that with Rato "there will be more dialogue, there will be an understanding of reality, and an acceptance of the fact that we are fulfilling all of the agreements with the Fund."
A diferenca de tempo de descida dos ratos entre as sessoes treino (descida da plataforma e choque) e teste (descida da plataforma), corresponde a retencao na memoria/aprendizado quando se utiliza a esquiva inibitoria.
Its budget deficit for the year as a percentage of GDP was held to 2.6%, far below the 3% level required by the European Union, and is expected to be further down to 2.4% this year, Rato said.
A shocking 56 per cent of the 936 Rato Dero HIV outbreak victims are children younger than five and 26 per cent are aged five to 14 years, according to Sindh health department data.
The new affectees include 21 children and one woman, said Medical Superintendent (MS) Rato Dero Hospital.
In his statement, Rato said that Spain's central bank was fully aware of everything that went on in Bankia.
In February 2017, Rato was found guilty alongside 63 other defendants of fraud and embezzlement at Spanish bank Bankia while he was its director.
During the trial, Rato argued that the corporate credit cards were part of his pay package.
Rato and 64 other executives and former board members from lender Bankia and its founding savings bank Caja Madrid are accused of illegally spending e1/412m for personal use on so-called "black cards" between 2003 and 2012.
Rato was detained on Thursday under suspicion of fraud, concealment of assets and money laundering after doubts had arisen over money he had declared in 2012.