Simple English definitions for legal terms
Read a random definition: nominal rate
Term: Per
Definition: Per means "according to" or "by." For example, if you have a lease, you might have to pay rent per the terms of the lease. Per can also mean "for each" or "every." For instance, if the speed limit is 30 miles per hour, that means you can only go 30 miles for every hour you drive.
Per
Per means through, by, or according to something. It can also mean for each or every.
1. Per the terms of the lease, the tenant paid the landlord every month.
2. The speed limit is 30 miles per hour.
In the first example, "per" is used to mean according to. The tenant paid the landlord every month as stated in the terms of the lease.
In the second example, "per" is used to mean for each or every. The speed limit is 30 miles for each hour of driving.