SINCE 1828
rate base
nounLegal Definition of rate base
: the total fair value of public utility property that is used in rendering services and that comprises the investment on which a fair rate of return is based in setting utility rates
Comments on rate base
What made you want to look up rate base? Please tell us where you read or heard it (including the quote, if possible).
Test Your Vocabulary
A Green Quiz
-
- What is the best definition of green-eyed monster?
Test your visual vocabulary with our 10-question challenge!
TAKE THE QUIZ
Test Your Knowledge - and learn some interesting things along the way.
TAKE THE QUIZLove words? Need even more definitions?
Merriam-Webster unabridgedWords at Play
Ask the Editors
Word Games
-
A Green Quiz
How many questions can you answer about the word "green"?
Take the quiz -
Return of Name that Color!
Additional colors! More obscure than before!
Take the quiz -
Name That Thing
Test your visual vocabulary with our 10-question challenge!
Take the quiz -
Bee Cubed
Listen to the words and spell through all three levels.
Play the game
Share rate base
Resources for rate base