Define: Board Rate

The meaning of “Board Rate” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Board Rate defined in a legal contract?

  • Board Rate means the changeable standard rate of [organization], which can be revised by [organization] without prior notification. Seen in 3 SEC filings
  • Board Rate means the published rate on [organization]'s official website or via any other digital medium, or at [organization]'s locations. Seen in 1 SEC filing
  • Board Rate means the standard rates provided to customers by [organization]. Seen in 1 SEC filing
  • Board Rate means the standard rate of [organization] which is subject to change by [organization] at any time with a minimum of [number] days' notice, if relevant to the rate under your service agreement. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of board rate' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Board Rate means the standard, changeable rate set by [organization].

Relevant Contract Types

Relevant Circumstances

  • The rate for a loan or mortgage is set by [organization], and may vary over time.
  • The rate for a service provided by the [organization] may change according to their policies and market conditions.

Relevant Sectors

Genie Definition 2

  • Board Rate means the rate for a service or product, published by [organization] on its official channels.

Relevant Contract Types

Relevant Circumstances

  • The rate for an advertising slot is determined by [organization] and published on their website.
  • The rate for a supply agreement is set by [organization] and can be found on its internal or external platforms.

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Board Rate" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Board Rate'?

Board Rate means the standard, changeable rate set by [organization].

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