Short Rate

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Definition: Short Rate

Short Rate
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Full Definition of Short Rate

A higher periodic rate charged for a shorter term than what was originally contracted for; the increased rate charged by an insurance company upon early cancellation of a policy.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/short-rate/
Modern Language Association (MLA):
Short Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
February 03, 2025 https://payrollheaven.com/define/short-rate/.
Chicago Manual of Style (CMS):
Short Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/short-rate/ (accessed: February 03, 2025).
American Psychological Association (APA):
Short Rate. PayrollHeaven.com. Retrieved February 03, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/short-rate/

Definition Sources

Definitions for Short Rate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.