Definition

1. Adverb:
   • Used in legal language: This phrase functions as an adverb, specifically within legal contexts. It describes an action performed or a state existing at a consistent, uniform, or identical pace, level, or proportion.

Usage

• This adverbial phrase modifies verbs to indicate that an action occurs or a condition applies uniformly.
• It is primarily found in formal, legal, or contractual documents to specify proportional or simultaneous actions.

Examples

• Adverb:
  • The two funds shall appreciate at an equal rate. (Both funds will increase in value with the same percentage or speed.)
  • The obligations of the parties under this agreement terminate at an equal rate. (The duties of both sides end simultaneously and in proportion.)
  • The assets were to be distributed at an equal rate among the heirs. (The property was to be divided so each heir received an identical share per unit of time or proportion.)

Advanced Usage

• In contractual clauses: Used to ensure proportional performance or burden-sharing.
  • Costs for the shared infrastructure will be borne at an equal rate by both companies.
• In statutory language: Can describe how laws or liabilities apply uniformly.
  • The tax applies at an equal rate to all entities within this category.

Variants and Related Words

• Proportionally (adv): In a way that corresponds in size or amount to something else.
• Equally (adv): In equal shares or amounts; to an equal degree.
• Pari passu (adv, Latin): A legal term meaning "with equal step" or "equally," often used in finance and law for rights that rank equally.

Synonyms

• Equally
• Uniformly
• Proportionately
• Pari passu (specific legal synonym)

Related Phrases

• At the same rate: A more common, non-legal equivalent meaning with identical speed or proportion.
• In equal measure: To the same degree or extent.

Adverb

1. used in legal language