Rate Law: A rate law or rate equation relates reaction rate with the concentrations of reactants, catalysts, and inhibitors. For example, the rate law for the one-step reaction A + B rightarrow C is d[C]/dt = k[A][B].

 

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Rate Law: A rate law or rate equation relates reaction rate with the concentrations of reactants, catalysts, and inhibitors. For example, the rate law for the one-step reaction A + B rightarrow C is d . . . View Full Definition

Integrated Rate Law: Rate laws like d[A]/dt = -k[A] give instantaneous concentration changes. To find the change in concentration over time, the instantaneous changes must by added (integrated) over the desired . . . View Full Definition

Rate Constant: A rate constant is a proportionality constant that appears in a rate law. For example, k is the rate constant in the rate law d[A]/dt = k[A]. Rate constants are independent of concentration . . . View Full Definition

Periodic Interest Rate: The periodic interest rate, sometimes called the nominal rate, is the interest rate a lender charges on the amount you borrow. Lenders are also required to tell you what a loan will actually . . . View Full Definition

Periodic Law: The periodic law states that physical and chemical properties of the elements recur in a regular way when the elements are arranged in order of increasing atomic number.

Payment Rate: Generally, the amount paid per unit of production (i.e., bushel, pound, hundredweight) to each participating farmer for eligible production under commodity income and price support programs.

Pass-Through Rate: The net interest rate passed through to investors after deducting servicing, management, and guarantee fees from the gross mortgage coupon.

Passive Portfolio Strategy: A strategy that involves minimal expectational input, and instead relies on diversification to match the performance of some market index. A passive strategy assumes that the marketplace wil . . . View Full Definition

Periodic Rate: The monthly effective interest rate. For example, the periodic rate on a credit card with an 18% annual percentage rate is 1.5% per month.

Personal Inflation Rate: The inflation rate as it affects a specific individual.