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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 ?
Ayumi Tanimoto, Japan def. Wang Chin-fang, Taiwan, ippon
Won Ok Im, North Korea def. Battugs Tumendo, Mongolia, yusei
Today, he's partnered with longtime film and television director Stan Lathan (Roc, Frank's Place) in Russell Simmons Visual Productions (RSVP) as the umbrella company for future films and television shows, as well as the Brillstein-Grey duo for Def Comedy Jam and a new comedy series called The Johnson Posse, described as "Married With Children in the projects."
"The key to Russell's future now is to take the talent he has under his wing with Def Comedy Jam and translate that into films and television shows," says Nelson George.
 Novak Djokovic (1) def. Vasek Pospisil, 6-4, 6-4.; Andy Murray (3) def.
 Jean-Julien Rojer, and Horia Tecau (2) def. Roger Federer and Michael Lammer, 6-4, 7-6 (12).; Robert Lindstedt, and Marcin Matkowski def.
Dominika Cibulkova (6) def. Indy de Vroome, 6-3- 3-6, 6-2.; Karolina Pliskova (8) def.
Anabel Medina Garrigues and Aranta Parra Santonja (1) def. Klara Koukalova, and Magdalena Rybarikova, 6-3, 6-2.; An-Sophie Mestach and Alison Van Uytvanck def.
 Go Soeda def. Matthias Bachinger, 7-6 (4), 7-5.; Viktor Troicki (7) def.
 Martin Emmrich, and Andreas Siljestrom def. Ricardas Berankis, Lithuania, and Adrian Mannarino, 7-6 (4), 6-2.; Marin Draganja, and Henri Kontinen (2) def.
Tereza Mihalikova def. Charlotte Robillard-Millette, 6-2, 6-2.
Dylan Alcott (2) def. David Wagner (1), 6-4, 6-4; Lucas Sithole def.