short rate
nounLegal Definition of short rate
1 : an insurance premium charge for less than a year of coverage that is more than a pro rata part of the annual premium
2
: an insurance policy written for less than one year
— called also
short term
Comments on short rate
What made you want to look up short rate? Please tell us where you read or heard it (including the quote, if possible).
Test Your Vocabulary
Words from Greek and Roman Mythology Quiz
-
- Boreal comes from the name of the ancient Greek god of which wind?
Test your vocabulary with our 10-question quiz!
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
-
Words from Greek and Roman Mythology Quiz
A mythological/etymological mashup!
Take the quiz -
Great Scrabble Words—A Quiz
Words to improve your Scrabble game
Take the quiz -
How Strong Is Your Vocabulary?
Test your vocabulary with our 10-question quiz!
Take the quiz -
SCRABBLE® Sprint
SCRABBLE® fans, sharpen your skills!
Play the game
Share short rate
Resources for short rate