Rule of 78

Rule of 78
A method of computing refunds of unearned finance charges on early payment of a loan so that the refund is proportional to the monthly unpaid balance.

Dictionary from West's Encyclopedia of American Law. 2005.


rule of 78
A method of computing refunds of unearned finance charges on early payment of a loan so that the refund is proportional to the monthly unpaid balance.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

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  • rule — 1 n 1 a: a prescribed guide for conduct or action b: a regulating principle or precept 2 a: an order or directive issued by a court in a particular proceeding esp. upon petition of a party to the proceeding that commands an officer or party to… …   Law dictionary

  • Rule — Rule, n. [OE. reule, riule, OF. riule, reule, F. r[ e]gle, fr. L. regula a ruler, rule, model, fr. regere, rectum, to lead straight, to direct. See {Right}, a., and cf. {Regular}.] 1. That which is prescribed or laid down as a guide for conduct… …   The Collaborative International Dictionary of English

  • Rule 30 — is a one dimensional binary cellular automaton rule introduced by Stephen Wolfram in 1983. [cite journal|author = Wolfram, S.|title = Statistical mechanics of cellular automata|journal = Rev. Mod. Phys.|volume = 55|pages = 601–644|year = 1983|doi …   Wikipedia

  • rule — ► NOUN 1) a regulation or principle governing conduct or procedure within a particular sphere. 2) control or government: British rule. 3) a code of practice and discipline for a religious community. 4) (the rule) the normal or customary state of… …   English terms dictionary

  • Rule — Rule, n. [Webster 1913 Suppl.] Syn: regulation; law; precept; maxim; guide; canon; order; method; direction; control; government; sway; empire. [1913 Webster] Rule Rule, v. t. [imp. & p. p. {Ruled}; p. pr. & vb. n. {Ruling}.] [Cf. OF. riuler,… …   The Collaborative International Dictionary of English

  • Rule — Rule, n. [Webster 1913 Suppl.] Syn: regulation; law; precept; maxim; guide; canon; order; method; direction; control; government; sway; empire. [1913 Webster] Rule Rule, v. t. [imp. & p. p. {Ruled}; p. pr. & vb. n. {Ruling}.] [Cf. OF. riuler,… …   The Collaborative International Dictionary of English

  • Rule 55 — was an operating rule adopted by railway companies in the British Isles in the late 19th century. It was introduced following a spate of accidents caused by signalmen forgetting that trains were standing on the line, sometimes within sight of… …   Wikipedia

  • Rule 3:36 — Saltar a navegación, búsqueda Rule 3:36 Álbum de Ja Rule Lanzado el 10 de octubre de 2000 Grabado: 2000 Género Rap Duración: 57 mi …   Wikipedia Español

  • rule — [ro͞ol] n. [ME reule < OFr rieule < L regula, ruler, straightedge < regere, to lead straight, rule: see RIGHT] 1. a) an authoritative regulation for action, conduct, method, procedure, arrangement, etc. [the rules of the school] b) an… …   English World dictionary

  • Rule — Rule, v. i. 1. To have power or command; to exercise supreme authority; often followed by over. [1913 Webster] By me princes rule, and nobles. Prov. viii. 16. [1913 Webster] We subdue and rule over all other creatures. Ray. [1913 Webster] 2.… …   The Collaborative International Dictionary of English

  • Rule — bezeichnet folgende Personen: Ja Rule (* 1976), US amerikanischer Rapper Jane Rule (1931–2007), kanadische Autorin Orte: Rule (Arkansas), Ort im Carroll County, Arkansas, USA Rule (Texas), Ort im Haskell County, Texas, USA Begriffe: Der englische …   Deutsch Wikipedia

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