Posts by admin

  rationabile estoverium (rash-[ee]-<<schwa>>-nay-b<<schwa>>-lee es-t<<schwa>>-veer-ee-<<schwa>>m), n.[Law Latin “reasonable necessaries”] Hist. Alimony. [Blacks Law 8th]

ratio legis (ray-shee-oh lee-j<<schwa>>s), n.[Latin] The reason or purpose for making a law <the Senator argued that the rapid spread of violent crime was a compelling ratio legis for the gun-control statute>. — Also termed ratio juris. [Blacks Law 8th]

ratio decidendi (ray-shee-oh des-<<schwa>>-den-dI), n.[Latin “the reason for deciding”] 1. The principle or rule of law on which a court’s decision is founded <many poorly written judicial opinions do not contain a clearly ascertainable ratio decidendi>.2. The rule of law on which a later court thinks that a previous court founded its decision; a general…

ratiocination (rash-ee-os-<<schwa>>-nay-sh<<schwa>>n), n. The process or an act of reasoning. — ratiocinative (rash-ee-os-<<schwa>>-nay-tiv), adj. — ratiocinate (rash-ee-os-<<schwa>>-nayt), vb. [Blacks Law 8th]

rating. 1.Marine insurance. The determination of a vessel’s state or condition as a factor of insurability. 2.INSURANCE RATING. [Blacks Law 8th]

ratihabitio (rat-<<schwa>>-h<<schwa>>-bish-ee-oh), n.[Latin fr. ratum habere “to hold ratified”] Civil law. Ratification or approval, esp. by a principal of an agent’s transaction. Pl. ratihabitiones. [Blacks Law 8th]

ratification,n.1. Adoption or enactment, esp. where the act is the last in a series of necessary steps or consents <The Ratification of the Conventions of nine States, shall be sufficient for the Establishment of this Constitution between the States so ratifying the Same>. • In this sense, ratification runs the gamut of a formal approval…

rate of return.The annual income from an investment, expressed as a percentage of the investment. See RETURN(5). fair rate of return.The amount of profit that a public utility is permitted to earn, as determined by a public utility commission. [Cases: Public Utilities 129. C.J.S. Public Utilities §§ 35, 38–41, 57.] internal rate of return.Accounting. A…

rate of interest.See INTEREST RATE. [Blacks Law 8th]

rate base.The investment amount or property value on which a company, esp. a public utility, is allowed to earn a particular rate of return. [Cases: Public Utilities 124. C.J.S. Public Utilities § 23–26, 30–33, 48–49.] [Blacks Law 8th]