In old English law . A rase; a measure of onions, containing twenty flones, and each flonis twenty-five heads. Fleta, lib. 2, c. 12,

1. The quality of an object that allows it to be rated or appriased under certain criteria. 2. A proportionate ratio of the whole. 3. A taxable quantity.

where money is distributed on a proportional basis.

The value of a property on the real estate market. This value is based on the annual rent received for the property. A ratable value will be assessed to determine […]

Lat. In the civil law . To hold a thing ratified; to ratify or confirm it Dig. 46, 8, 12, 1.

An object that moves in merely one direction, typically up

1. Contracts: A stipulation where the contract rights of those involved is adjusted according to the formula agreed to as each stage is completed. 2. Utility Bills: A stipulation where […]

The inclination to be influenced by an earlier level of a variable (factor). For instance, a workers currently salary satisfaction depends on how it measures up to a past salary.

Proportional or relative value , measure, or degree; the proportion or standard by which quantity or value is adjusted. Thus, the rate of interest is the proportion or ratio between […]

To renegotiate the rate or term of a mortgage without changing the amount of said mortgage. This is a common way for borrowers to lock in a lower interest rate […]

The Base number used to compute the rate for taxation, a utility charge, a service or other rate.

Printed list of rates charged by print and broadcast media. Rate cards are for direction only because the tangible charges vary greatly according to the bartering power of the promoter.

This practice, now illegal by state insurance laws, involved charging different rates to insured people with similar attributes.

the authority of a state to set the rates that a company or a public utility can charge its customers.

The practice of borrowing money at lower, short-term interest rates and then lending this money through long term fixed rates, which are typically done at a higher rate of interest.

This guarantees a borrower an interest rate on a loan for 30 to 90 days. This makes all financing costs known for the period of time. AKA lockin provision. Refer […]

The fee that a borrower pays to lock in their interest rate for the period while their mortgage application is processed. If they withdraw the application, they forfeit their deposit.

Deposit a borrower pays to lock in their interest rate for the period while their mortgage application is processed. If interest rates drop, the borrower may choose the lower rate.

The way insurance companies get their premiums. These rates are made to cover loss and still be fair. Refer to expense loading , premium loading , and pure premium .

The handbook or manual that contains all of the rates for coverage. This manual may contain other items including the guidelines to field underwriting , agent guidelines, and cash forfeiture […]

Shown as a relative amount between changes in variables over a precise period. Stock traders depend on the swiftness of change of one stock price relative to another stocks price.

The rate in which the value of a capital asset drops due to certain variables such as the wear and tear , physical deterioration or the technological obsolescence of the […]

The rate of economic growth is designed to determine the economic growth or decline over the course of the year.

The rate of exchange is the monetary value of a determined amount of foreign currency on any given day.

The rate of inflation is calculated by how low or high the prices of services and goods move all the way through the nations economy.