reasonable rate


reasonable rate
A rate charged by a carrier in such amount as to provide a reasonable compensation for its services and no more. 13 Am J2d Car § 106. A rate charged by a public service company which is not oppressive to those served or confiscatory from the standpoint of the company; a rate which provides the company a fair return on its investment and no more. Brymer v Butler Water Co. 179 Pa 231, 36 A 249. See fair return. reasonable regulation. A regulation which is a proper exercise of the legislative power in protecting the public and providing safeguards for its interest, considering the nature of the condition sought to be remedied, the purpose of the regulation, the means of regulation adopted, and the relation between the purpose and the means. 16 Am J2d Const L §§ 278 et seq.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • reasonable rate — fair price, plausible price …   English contemporary dictionary

  • lowest reasonable rate — A rate which is not confiscatory in the constitutional sense. Federal Power Com. v Natural Gas Pipeline Co. 315 US 575, 86 L Ed 1037, 62 S Ct 736 …   Ballentine's law dictionary

  • rate — The cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the… …   Financial and business terms

  • reasonable charge — See reasonable rate …   Ballentine's law dictionary

  • reasonable compensation — Just compensation. Sweet v Rechel, 159 US 380, 404, 40 L Ed 188, 198, 16 S Ct 43. See reasonable rate …   Ballentine's law dictionary

  • Reasonable accommodation — is a term used in Canada to refer to the theory that equality rights set out in section 15 of the Canadian Charter of Rights and Freedoms demands that accommodation be made to various ethnic minorities. The concept is especially applied with… …   Wikipedia

  • reasonable — rea‧son‧a‧ble [ˈriːznəbl] adjective 1. fair and sensible: • The company maintained that its bills were reasonable. • The restaurant sells good food at reasonable prices (= prices that are not too high ) . • The law requires the employer to take …   Financial and business terms

  • Rate of fire — is the frequency at which a specific weapon can fire or launch its projectiles. It is usually measured in rounds per minute (RPM or round/min), or per second (RPS or round/s). Contents 1 Overview 2 Measurement 2.1 Cyclic rate …   Wikipedia

  • rate — I n. amount in relation to something else 1) to fix, set a rate 2) a fast; flat; high; low; moderate; slow; steady rate 3) bargain; reasonable; reduced; regular rates 4) an accident; birth; crime; death; divorce; fertility; growth; marriage;… …   Combinatory dictionary

  • rate — {{Roman}}I.{{/Roman}} noun 1 speed/frequency ADJECTIVE ▪ constant, expected, regular, steady, unchanged ▪ slow ▪ the slow rate of change …   Collocations dictionary


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