Nev. Admin. Code § 361.364 — 361.364

NAC 361.364    “Rate of performance” defined. ( NRS
360.090 , 361.320 )    “Rate of performance”
means the actual income earned compared to an investment in contrast to a rate
of return allowed or permitted but not necessarily accomplished.
[Tax Comm’n, Property Tax Reg. part No. 15, eff. 10-30-79]