lawful rate

noun

Definition of lawful rate

: a rate for interstate or intrastate traffic established and published in accord with the laws, rules, and regulations prescribed by interstate and state commissions

called also legal rate

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Learn More About lawful rate

Dictionary Entries Near lawful rate

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lawful rate

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Cite this Entry

“Lawful rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/lawful%20rate. Accessed 26 Jan. 2022.

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