Rate Schedule
/ˈreɪt ˈskɛdʒuːl/
Definitions
- (n.) A detailed list or table specifying the prices, fees, or charges imposed by a regulated entity, such as a utility or insurer.
The rate schedule outlined the electricity charges applicable for residential customers.
- (n.) An official document or tariff setting forth the rates and conditions under which services or goods are provided.
The company filed a new rate schedule with the public utility commission for approval.
Forms
- rate schedule
- rate schedules
Related terms
See also
Commentary
Ensure clarity in drafting by specifying whether the schedule is binding or illustrative and indicate the effective period of the rates.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.