Rate – this word means “amount, value, number. It relates to the following legal terms:

– “rateable value” – it applies in the Taxation Law in many jurisdictions. There the term details the taxable amount of money for the taxable year achieved from rent.

– “rateable property distribution” – the term is used in the Bankruptcy Law where it refers to the proportional splitting of the assets of a bankruptcy.

– “rated insurance policy” – within the area of Insurance Law this term details a policy, which covers higher premium than usual. So in case the insured event occurs, the insured person will receive a bigger compensation. Its role is to cover additional risks than normally.

– “rate of return” – in the sphere of Corporate Law it refers to the gain or loss on an investment over a specified period. It is expressed as a percentage increase over the initial investment cost. Gains on investments represent any income received from the security plus realized capital gains.

Rate / Legal Glossary

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