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FindLaw Legal Dictionary

The FindLaw Legal Dictionary -- free access to over 8260 definitions of legal terms. Search for a definition or browse our legal glossaries.

term:

Flat

flat adj

: not varying [a rate]
;specif
of a tax
: having a rate that remains constant for any taxable base
adv : without interest charge
;esp
: without allowance or charge for accrued interest [bonds sold ]



Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.

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