Simple English definitions for legal terms
Read a random definition: whole life insurance
Sliding scale: A way of deciding how much something costs based on how much money a person has. If someone has less money, they pay less. If someone has more money, they pay more. It's like a scale that slides up or down depending on how much money someone has.
A sliding scale is a pricing method that takes into account a person's ability to pay. This means that the price of a product or service is adjusted based on the customer's financial situation.
These examples illustrate how a sliding scale pricing method can help make products and services more accessible to people with different financial situations. By adjusting the price based on a person's ability to pay, it can help ensure that everyone has access to the same products and services, regardless of their income.