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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 ?
Diarrhoea deaths and case fatality rates in children aged under 5 years, 2011/12-2016/17.
In contrast, motor vehicle fatality rates for adults in the general population, including pedestrians, only begin to increase substantially at age 75 years (4).
Therefore, other objective aspects of inpatients units, such as fatality rate and number of deceased patients, might have been related to the occurrence of emotional exhaustion.
In contrast, when passengers 35 or older ride with a teen driver, overall fatality rates in crashes decrease eight percent.
[1,2] in the recent SAMJ Maternal and Child Health Supplement present trends in inpatient case fatality rates for diarrhoeal disease, pneumonia and severe acute malnutrition (SAM), and a review of under-5 mortality and cause of death using several sources of nationally representative data.
This has meant that the sport is getting safer all the time and the fatality rate in British racing has reduced by 1/3 in the last 20 years, to below 0.4% of runners in jump racing."
Together, these factors brought Alaska's workplace fatality rate more in line with the nation overall.
Purpose: Research has shown that Appalachia has a higher traffic fatality rate than the non-Appalachian United States.
"Since Americans drive more miles per year than the other countries in the chart, we will have the highest fatality rate per 100,000 population."
Also in 2014, the motor vehicle crash fatality rate fell to a record low of 1.07 deaths per 100 million vehicle miles traveled.
Its fatality rate is 91.3 deaths per 100,000 workers.
During 2003-2013, the number of work-related fatalities in the oil and gas extraction industry increased 27.6%, with a total of 1,189 deaths; however, the annual occupational fatality rate significantly decreased 36.3% (p<0.05) during this 11-year period.