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rate base

rate base : the total fair value of public utility property that

bond

income bond : a bond that pays interest at a rate based on the issuer's earnings junk bond : a high-risk … bond : a bond that pays interest at a rate based on the issuer's earnings junk bond : a high-risk bond

Piecework

by the piece or job work paid for at a rate based on the amount of work done rather than on … the piece or job work paid for at a rate based on the amount of work done rather than on the

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ad valorem

valorem [Latin, according to the value] : imposed at a rate based on a percent of value [an ad valorem tax … [Latin, according to the value] : imposed at a rate based on a percent of value [an ad valorem tax on

Actuary

designing and pricing of policies, working out the benefits, recommending rates relating to insurance business, annuities, insurance and pension rates on … annuities, insurance and pension rates on the basis of empirically based tables and includes a statistician engaged in such technology, taxation,

adjustable-rate mortgage (arm)

a mortgage loan that does not have a fixed interest rate. During the life of the loan the interest rate will … the life of the loan the interest rate will change based on the index rate. Also referred to as adjustable mortgage

rate

rate 1 : a fixed ratio between two things 2 : … something else b : an amount of payment or charge based on another amount ;specif : the amount of premium per

interest rate swap

interest rate swap a transaction between two parties where each agrees to … different interest rates for a specified period of time, generally based on a notional principal amount. Source: U.S. Department of Housing

Assessment Committee

of making out the valuation list on which the poor rate is based. See VALUATION LIST and POOR LAWS. The committee … out the valuation list on which the poor rate is based. See VALUATION LIST and POOR LAWS. The committee is appointed

flat

flat : not varying [a rate] ;specif of a tax : having a rate that remains … : having a rate that remains constant for any taxable base adv : without interest charge ;esp : without allowance or

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