RATE BASE Definition

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RATE BASE is the value of a regulated public utility and its operations as defined by its regulators and on which the company is allowed to earn a particular rate of return.

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REVALUATION, in general, is the reconsideration of the value or worth of a property. In currency, it is the increase in the exchange rate of a currency as a result of official action.

NOTES PAYABLE are all note obligations, including bank and commercial paper. Does not include trade notes payable.

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