Highest Lawful Rate definition: Copy, customize, and use instantly
Introduction
The term "Highest Lawful Rate" refers to the maximum interest rate that is legally permitted by a jurisdiction for a particular type of transaction, agreement, or loan. It is typically defined by statute or regulation, ensuring that any interest rate charged is in compliance with the applicable legal restrictions. This rate may vary depending on the jurisdiction and the specific nature of the transaction or contract.
Below are various examples of how "Highest Lawful Rate" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Highest Lawful Rate" as the maximum legally permitted interest rate
This definition ties "Highest Lawful Rate" to the maximum legal interest rate.
"Highest Lawful Rate" means the maximum interest rate that is legally allowed under applicable laws or regulations for a specific transaction or agreement.
Definition of "Highest Lawful Rate" as the highest interest rate allowed by law
This definition connects "Highest Lawful Rate" to the highest allowable interest rate.
"Highest Lawful Rate" refers to the highest interest rate permitted by law, which may vary based on jurisdiction and the nature of the agreement.
Definition of "Highest Lawful Rate" as the legally imposed ceiling on interest rates
This definition links "Highest Lawful Rate" to the legal ceiling on interest rates.
"Highest Lawful Rate" means the ceiling imposed by law on the interest rate that can be charged under a contract, ensuring compliance with regulatory limits.
Definition of "Highest Lawful Rate" as the statutory limit for interest charges
This definition ties "Highest Lawful Rate" to the statutory interest rate limit.
"Highest Lawful Rate" refers to the statutory limit on the amount of interest that can be charged in a transaction, as defined by applicable laws.
Definition of "Highest Lawful Rate" as the maximum allowable interest rate under applicable laws
This definition connects "Highest Lawful Rate" to the maximum allowable interest rate.
"Highest Lawful Rate" means the maximum interest rate that is allowable under the applicable laws governing financial transactions or loans.
Definition of "Highest Lawful Rate" as the rate of interest that cannot be exceeded by law
This definition links "Highest Lawful Rate" to the legal cap on interest rates.
"Highest Lawful Rate" refers to the interest rate that cannot be exceeded by law, ensuring that no party charges more than what is legally permissible.
Definition of "Highest Lawful Rate" as the upper limit on interest charges
This definition ties "Highest Lawful Rate" to the upper limit on interest charges.
"Highest Lawful Rate" means the upper limit on interest charges that can be imposed, as determined by applicable legislation or regulation.
Definition of "Highest Lawful Rate" as the rate that is set by governmental regulation
This definition connects "Highest Lawful Rate" to government regulation.
"Highest Lawful Rate" refers to the rate set by government regulation or legislation that dictates the maximum allowable interest rate in certain financial agreements.
Definition of "Highest Lawful Rate" as the legally defined upper bound for interest on debts
This definition links "Highest Lawful Rate" to the upper bound on debt interest.
"Highest Lawful Rate" means the legally defined upper bound for the amount of interest that can be charged on debts, as set forth in relevant laws.
Definition of "Highest Lawful Rate" as the maximum interest rate imposed by jurisdictional law
This definition ties "Highest Lawful Rate" to jurisdictional law.
"Highest Lawful Rate" refers to the maximum interest rate imposed by jurisdictional law, which limits the interest charged in financial transactions or agreements.
Definition of "Highest Lawful Rate" as the highest permissible rate in a specific jurisdiction
This definition connects "Highest Lawful Rate" to a specific jurisdiction.
"Highest Lawful Rate" means the highest interest rate that is permissible under the laws of a specific jurisdiction, ensuring compliance with local financial regulations.
Definition of "Highest Lawful Rate" as the legal interest rate cap for financial transactions
This definition links "Highest Lawful Rate" to the interest rate cap.
"Highest Lawful Rate" refers to the legal cap on the interest rate that can be applied in financial transactions, preventing excessive charges that violate local laws.
Definition of "Highest Lawful Rate" as the rate dictated by financial regulations
This definition ties "Highest Lawful Rate" to financial regulations.
"Highest Lawful Rate" means the rate dictated by financial regulations, which governs the maximum allowable interest rate for loans, credit, or other financial agreements.
Definition of "Highest Lawful Rate" as the highest rate of interest allowed by state or federal law
This definition connects "Highest Lawful Rate" to state or federal law.
"Highest Lawful Rate" refers to the highest rate of interest allowed by either state or federal law, depending on the jurisdiction governing the financial transaction.
Definition of "Highest Lawful Rate" as the interest rate limit set by law for loans and credit
This definition links "Highest Lawful Rate" to loans and credit.
"Highest Lawful Rate" means the limit on interest rates set by law for loans and credit agreements, ensuring the rates do not exceed the legal threshold.
Definition of "Highest Lawful Rate" as the legally defined limit for interest on a loan
This definition ties "Highest Lawful Rate" to loans.
"Highest Lawful Rate" refers to the legally defined limit on the amount of interest that can be charged on a loan, protecting borrowers from usury.
Definition of "Highest Lawful Rate" as the rate of interest that may be charged without violating the law
This definition connects "Highest Lawful Rate" to legal compliance.
"Highest Lawful Rate" means the rate of interest that may be charged without violating the law, ensuring that lenders comply with statutory limits on interest rates.
Definition of "Highest Lawful Rate" as the maximum interest rate in any lending agreement
This definition links "Highest Lawful Rate" to lending agreements.
"Highest Lawful Rate" refers to the maximum interest rate that can be applied in any lending agreement, in accordance with applicable legal restrictions.
Definition of "Highest Lawful Rate" as the legal limit on interest for financial contracts
This definition ties "Highest Lawful Rate" to the legal limit for financial contracts.
"Highest Lawful Rate" refers to the legal limit on interest that can be charged under financial contracts, ensuring compliance with applicable lending laws and regulations.
Definition of "Highest Lawful Rate" as the maximum interest rate permitted by state law
This definition connects "Highest Lawful Rate" to state law.
"Highest Lawful Rate" means the maximum interest rate that is permitted under state law, which may differ depending on jurisdiction.
Definition of "Highest Lawful Rate" as the statutory ceiling for interest charges
This definition links "Highest Lawful Rate" to the statutory ceiling on interest.
"Highest Lawful Rate" refers to the statutory ceiling on interest charges, ensuring that lenders do not exceed the legally imposed interest limits.
Definition of "Highest Lawful Rate" as the highest permissible charge for loans
This definition ties "Highest Lawful Rate" to loans.
"Highest Lawful Rate" means the highest permissible charge for loans as determined by relevant legal provisions, protecting consumers from excessive interest.
Definition of "Highest Lawful Rate" as the upper limit for fees and interest on debts
This definition connects "Highest Lawful Rate" to fees and interest on debts.
"Highest Lawful Rate" refers to the upper limit for fees and interest on debts, preventing lenders from imposing usurious rates that violate the law.
Definition of "Highest Lawful Rate" as the legally mandated interest rate cap
This definition links "Highest Lawful Rate" to the interest rate cap.
"Highest Lawful Rate" means the legally mandated interest rate cap that restricts the maximum interest rate a lender can charge, ensuring fairness in lending practices.
Definition of "Highest Lawful Rate" as the rate of interest allowed under federal law
This definition ties "Highest Lawful Rate" to federal law.
"Highest Lawful Rate" refers to the rate of interest allowed under federal law, applicable to certain types of loans or credit agreements.
Definition of "Highest Lawful Rate" as the legal upper boundary for credit transactions
This definition connects "Highest Lawful Rate" to credit transactions.
"Highest Lawful Rate" means the legal upper boundary for interest charges in credit transactions, ensuring that credit providers comply with relevant lending laws.
Definition of "Highest Lawful Rate" as the maximum rate for non-consumer lending
This definition links "Highest Lawful Rate" to non-consumer lending.
"Highest Lawful Rate" refers to the maximum rate that can be charged in non-consumer lending, including business loans or corporate financing, as dictated by law.
Definition of "Highest Lawful Rate" as the legal limit for financing costs
This definition ties "Highest Lawful Rate" to financing costs.
"Highest Lawful Rate" means the legal limit for financing costs, including both interest and any associated fees that a lender can charge for extending credit.
Definition of "Highest Lawful Rate" as the rate defined by usury laws
This definition connects "Highest Lawful Rate" to usury laws.
"Highest Lawful Rate" refers to the rate defined by usury laws, which regulate the maximum interest rate that can be charged to prevent predatory lending practices.
Definition of "Highest Lawful Rate" as the legally enforceable interest rate in contracts
This definition links "Highest Lawful Rate" to enforceable interest rates.
"Highest Lawful Rate" means the legally enforceable interest rate in contracts, ensuring that both parties agree on terms that are compliant with statutory limits.
Definition of "Highest Lawful Rate" as the legally set interest rate limit for consumer loans
This definition ties "Highest Lawful Rate" to consumer loans.
"Highest Lawful Rate" refers to the legally set interest rate limit for consumer loans, protecting borrowers from unfair or excessive charges.
Definition of "Highest Lawful Rate" as the statutory maximum for borrowing costs
This definition connects "Highest Lawful Rate" to borrowing costs.
"Highest Lawful Rate" means the statutory maximum for borrowing costs, including interest and any other charges associated with loans.
Definition of "Highest Lawful Rate" as the maximum allowable finance charge in agreements
This definition links "Highest Lawful Rate" to finance charges in agreements.
"Highest Lawful Rate" refers to the maximum allowable finance charge that can be applied in financial agreements, ensuring that the terms remain within legal limits.
Definition of "Highest Lawful Rate" as the highest rate established by lending regulations
This definition ties "Highest Lawful Rate" to lending regulations.
"Highest Lawful Rate" means the highest rate established by lending regulations that lenders must adhere to, safeguarding consumers from abusive interest practices.
Definition of "Highest Lawful Rate" as the legally allowable fee for loan agreements
This definition connects "Highest Lawful Rate" to fees in loan agreements.
"Highest Lawful Rate" refers to the legally allowable fee for loan agreements, including both interest rates and associated charges, ensuring they do not exceed legal limits.
Definition of "Highest Lawful Rate" as the maximum interest permissible by regulatory bodies
This definition links "Highest Lawful Rate" to regulatory bodies.
"Highest Lawful Rate" means the maximum interest rate permissible by regulatory bodies, which ensures that lenders do not overcharge borrowers in violation of financial laws.
Definition of "Highest Lawful Rate" as the upper bound for interest on credit arrangements
This definition ties "Highest Lawful Rate" to credit arrangements.
"Highest Lawful Rate" refers to the upper bound for interest rates in credit arrangements, ensuring compliance with legal limits set by financial regulators.
Definition of "Highest Lawful Rate" as the top permissible rate for borrowing costs under the law
This definition connects "Highest Lawful Rate" to borrowing costs.
"Highest Lawful Rate" means the top permissible rate for borrowing costs under the law, including interest and other charges, ensuring that they do not exceed the legal maximum.
Definition of "Highest Lawful Rate" as the maximum interest rate imposed by legislation
This definition ties "Highest Lawful Rate" to legislative limits.
"Highest Lawful Rate" refers to the maximum interest rate that is imposed by legislation, setting the legal ceiling on the interest charges that can be applied in a particular jurisdiction.
Definition of "Highest Lawful Rate" as the highest rate of interest allowed under consumer protection laws
This definition connects "Highest Lawful Rate" to consumer protection laws.
"Highest Lawful Rate" means the highest rate of interest that is allowed under consumer protection laws, designed to prevent excessive charges and protect borrowers from exploitation.
Definition of "Highest Lawful Rate" as the legal cap for interest on loans
This definition links "Highest Lawful Rate" to loans.
"Highest Lawful Rate" refers to the legal cap placed on the interest rate for loans, ensuring that the rate charged does not exceed the threshold set by law.
Definition of "Highest Lawful Rate" as the rate set by governing authorities for lending
This definition ties "Highest Lawful Rate" to governing authorities.
"Highest Lawful Rate" means the rate set by governing authorities for lending, which is legally permissible and cannot be exceeded in financial transactions.
Definition of "Highest Lawful Rate" as the statutory limit on interest rates for credit agreements
This definition connects "Highest Lawful Rate" to credit agreements.
"Highest Lawful Rate" refers to the statutory limit on interest rates for credit agreements, ensuring that lenders comply with the maximum interest rate set by the relevant legal framework.
Definition of "Highest Lawful Rate" as the limit on interest that can be charged on personal loans
This definition links "Highest Lawful Rate" to personal loans.
"Highest Lawful Rate" refers to the limit on the interest that can be charged on personal loans, as specified by regulatory agencies or laws designed to protect consumers.
Definition of "Highest Lawful Rate" as the maximum legally allowed for payday loans
This definition ties "Highest Lawful Rate" to payday loans.
"Highest Lawful Rate" means the maximum legally allowed interest rate for payday loans, designed to prevent lenders from charging excessively high rates in short-term lending situations.
Definition of "Highest Lawful Rate" as the interest rate cap in usury laws
This definition connects "Highest Lawful Rate" to usury laws.
"Highest Lawful Rate" refers to the interest rate cap established under usury laws, designed to protect borrowers from high-interest charges that could lead to financial hardship.
Definition of "Highest Lawful Rate" as the upper limit for financial agreements as determined by law
This definition links "Highest Lawful Rate" to financial agreements.
"Highest Lawful Rate" means the upper limit for interest rates in financial agreements as determined by law, ensuring that the rates are reasonable and not excessive.
Definition of "Highest Lawful Rate" as the legal threshold for interest on commercial loans
This definition ties "Highest Lawful Rate" to commercial loans.
"Highest Lawful Rate" refers to the legal threshold for interest rates on commercial loans, protecting businesses from unreasonably high borrowing costs.
Definition of "Highest Lawful Rate" as the prescribed rate for institutional lending
This definition connects "Highest Lawful Rate" to institutional lending.
"Highest Lawful Rate" means the prescribed rate for institutional lending, which is legally authorized for financial institutions to charge borrowers in specific credit arrangements.
Definition of "Highest Lawful Rate" as the maximum charge allowed by law for secured loans
This definition links "Highest Lawful Rate" to secured loans.
"Highest Lawful Rate" refers to the maximum charge allowed by law for secured loans, where the borrower provides collateral in exchange for a loan.
Definition of "Highest Lawful Rate" as the rate permitted for revolving credit accounts
This definition ties "Highest Lawful Rate" to revolving credit.
"Highest Lawful Rate" means the rate permitted for revolving credit accounts, ensuring that the interest charged does not exceed the legal limit established by law.
Definition of "Highest Lawful Rate" as the maximum interest rate allowed for mortgage agreements
This definition connects "Highest Lawful Rate" to mortgage agreements.
"Highest Lawful Rate" refers to the maximum interest rate allowed for mortgage agreements, providing limits on what lenders can charge homeowners in mortgage transactions.
Definition of "Highest Lawful Rate" as the legal boundary for interest in commercial financing
This definition links "Highest Lawful Rate" to commercial financing.
"Highest Lawful Rate" means the legal boundary for interest rates in commercial financing agreements, ensuring that the rates remain within acceptable limits as defined by relevant laws.
Definition of "Highest Lawful Rate" as the maximum rate established by financial regulators
This definition ties "Highest Lawful Rate" to financial regulators.
"Highest Lawful Rate" refers to the maximum rate established by financial regulators, providing a framework for acceptable interest rates across various types of lending.
Definition of "Highest Lawful Rate" as the rate that ensures compliance with anti-usury laws
This definition connects "Highest Lawful Rate" to anti-usury laws.
"Highest Lawful Rate" means the rate that ensures compliance with anti-usury laws, preventing lenders from charging excessive interest rates and protecting consumers from predatory lending.
Definition of "Highest Lawful Rate" as the ceiling for interest rates on unsecured credit
This definition links "Highest Lawful Rate" to unsecured credit.
"Highest Lawful Rate" refers to the ceiling for interest rates on unsecured credit, such as credit cards, ensuring that the charges remain within legal limits.
Definition of "Highest Lawful Rate" as the legally defined interest cap for installment loans
This definition ties "Highest Lawful Rate" to installment loans.
"Highest Lawful Rate" means the legally defined interest cap for installment loans, ensuring that lenders do not charge more than what is allowed for these types of loans.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.