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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 ?
Moody's Interfax Credit Rating Agency (MIRA) specializes in credit risk analysis in Russia.
By establishing stringent, yet clear criteria for registration, Congress would not only ensure the continued validity of ratings issued by registered credit rating agencies, but would generate more competition in the credit rating market.
Students' ratings of management faculty now serve dual purposes.
Proposal risk does not receive a color rating. Instead it receives one of the following assessments (from the AFFARS, Part 5315):
They interviewed S&P analysts, obtained files such as rating committee meeting minutes, telephone logs and S&P-published reports and statements and performed a complete internal review of the rating process.
Bank of Fukuoka's ratings were BBB long-term rating with a stable outlook, F2 short-term rating, 2 support rating and D individual rating.
A marketing team that maintains solid occupancy and also monitors and reacts to changes in the competitive market is worth its weight in gold, ensuring your success and making possible an investment-grade rating. Conversely, a marketing department that does not continually monitor your competitors hinders your chances at investment grade.
Approved by the Federal Communications Commission and President Clinton, the ratings are separated into six categories.
Although some may believe that community rating requires the healthy to subsidize the sick, the spreading of expenses over a large number of people is one of the fundamental principles of insurance.
"It turns out that a system for racquetball works even better than the chess system,' says Strauss, "because the actual score of a racquetball match is much more informative than the simple win/draw/loss result of a chess game.' For a given score, he uses a mathematical formula to calculate how much each player's rating changes.
2990, the "Credit Rating Agency Duopoly Relief Act of 2005," which would establish new registration procedures designed to increase competition in the credit rating marketplace.