Legal Dictionary

Search results for: “base rate”

  • Frater

    (Lat.) Brother. Frater Consanguineus. A brother bom from the same father, though the mother may be different. Frkter Nutricius. A bastard brother. Frater Uterinus. A brother who has the same mother, but not the same father. Blount; Vicat; 2 Bl. Comm. 232. See Brother. …

  • Separate Maintenance

    Separate Maintenance

    The maintenance of a woman by her husband on an agreement to live separately. An allowance made by a husband to his vnle for her separate support and maintenance. Bouvier. See 2 Rop. Husb. & Wife, 267 et seq.; 2 Steph. Comm. 309. …

  • Natural Resource-based Products

    Natural resource-based products in Global Commerce Policy In this regard, natural resource-based products is: in the GATT environment these include minerals, ores, fish and fisheries products, forest products, timber and paper. They were the subject of a separate negotiating group in the […]

  • Corroborate

    Legal Definition and Related Resources of Corroborate Meaning of Corroborate In evidence. To sustain by the introduction of other evidence to the same mact Corroborative evidence is “such evidence as tends in some degree of its own strength, […]

  • Incorporate

    Legal Definition and Related Resources of Incorporate Meaning of Incorporate To create a legal entity or body recognized by law; to form a corporation . To take into or include as part of a whole. […]

  • Tax Base

    Concept of Tax Base in the context of Real Property A short definition of Tax Base: The assessed valuation of real property, which is multiplied by the tax rate to determine the amount of tax due.

  • Interest Accrual Rate

    Concept of Interest Accrual Rate in the context of Real Property A short definition of Interest Accrual Rate: The percentage rate at which interest accrues based on the terms of the note. Example: A fixed rate loan of 6% per year would have an accrual rate of 6%. An adjustable rate loan would […]

  • Rate of Return

    The term used in regard to public utility, is the percentage by which the rate base is multiplied to provide a figure that allows a utility to collect revenues sufficient to pay operating expenses and attract investment. See Providence Gas Co. v Burman, (R.I.)376 A.2d687. It is income earned […]

  • Renegotiable Rate Mortgage

    Concept of Renegotiable Rate Mortgage in the context of Real Property A short definition of Renegotiable Rate Mortgage: A real property loan calling for an adjustment in the interest rate at a given time. Example: A loan with a 15 year amortization is adjusted to current interest rates after 2 […]

  • Renegotiable Rate Mortgage

    Concept of Renegotiable Rate Mortgage in the context of Real Property A short definition of Renegotiable Rate Mortgage: A real property loan calling for an adjustment in the interest rate at a given time. Example: A loan with a 15 year amortization is adjusted to current interest rates after 2 […]

  • Death Rate

    Concept of Death Rate in the context of Real Property A short definition of Death Rate: Number of deaths in a given area in a given time. Based on a per 100 or per 1000 population.

  • Commensurate Property

    Commensurate Property in the context of Real Property See: Base Property in this legal Dictionary.

  • Magistrate’s Court

    The court of a magistrate (g. v.) In South Carolina. A court having exclusive jurisdiction in matters of contract of and under twenty dollars. …

  • Variable Rate Loan

    Loan made at an interest rate that fluctuates based on a base interest rate such as the Prime Rate or LIBOR….

  • Body Corporate

    A corporation. This is an early and undoubtedly correct term to apply to a corporation. Co. Litt. 250a; 23 Wend. (N. Y.) 141; 81 Pa. St. 389. …