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LSDefine

Simple English definitions for legal terms

rate

Read a random definition: discretionary trust

A quick definition of rate:

Rate: The value or amount of something compared to something else. It can also mean the cost of a service or product. For example, the rate for a plane ticket or a hotel room. It can also refer to the percentage of interest charged on a loan or the amount of money paid for insurance. In some places, people have to pay a rate to the government based on where they live or own property.

A more thorough explanation:

Definition: Rate refers to the proportional or relative value of something. It can also refer to the amount paid or charged for a good or service.

  • The rate of inflation is the percentage by which prices increase each year.
  • The rate for a business-class fare is $550, meaning that is the amount you have to pay for that type of ticket.
  • A freight rate is the amount charged by a carrier for transporting cargo, usually based on weight, volume, or quantity of goods.
  • The interest rate on a loan is the percentage of the loan amount that you have to pay back as interest.
  • A premium rate is the amount charged for an insurance policy.

These examples illustrate how rate can refer to different types of values or amounts that are charged or paid for various goods and services.

ratchet theory | rate base

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22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
9:42
My name is renard99 and I just sent @babycat feet pics
glovediedthisishismom
9:42
nobody is at the office today they should let little glovey go home and watch harry potter
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