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Rate

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 ?
This is particularly true for extrudates produced at very high shear rates such as 1,000 [s.sup.-1].
To bolster the yen, interest rates should be raised.
He already has caused one minor (and temporary) stock slump by confessing at a White House dinner to CNBC's Maria Bartiromo that the markets seemed to be misinterpreting a statement of his to mean he was done raising interest rates.
Clearly, high birth rates contribute to Niger's manifold problems--it could have 50 million people by 2050--but the factors that keep the rates high are likely to remain in place for the foreseeable future.
Pay down loans with nondeductible interest (such as auto loans with low financing rates) and loans with deductible interest (such as mortgage or home-equity loans).
On July 1, the goods and services tax (GST) rate was reduced from seven per cent to six per cent.
With long term Treasury rates remaining low in spite of short term rate rises on indications that inflationary pressures are being contained, experts think that the record pace of transactions and values could persist well into 2006 and perhaps beyond.
CLIENTS WANT TO BE TAXED AT LONG-TERM CAPITAL GAIN RATES WHEN THEY SELL LAND DEVELOPED AS RESIDENTIAL LOTS OR CONDOMINIUMS.
If interest rates rise, some bond holdings could take a hit that individual investors wouldn't expect from such safe instruments.
Canine seroprevalence rates were calculated for minor civil divisions, including towns and unorganized townships.
Private-passenger automobile insurance rate filings are thicker, less standardized, and more innovative and enterprising than ever.
The research discovered a clear distinction of success rates between divisions within the college with some divisions achieving success above the state average.