Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

union rate

The wage scale set by a union as a minimum wage to be paid and usu. expressed as an hourly rate or piecework rate. 3. INTEREST RATE <the rate on the loan increases by 2% after five years>. 4. English law. A sum assessed or payable to the local government in the place where a ratepayer dwells or has property. See RATEPAYER. -rate, vb.