RATE BASE
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]
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