Terms Used In Nevada Revised Statutes > Chapter 202 > General Provisions

• Department: means the Department of Motor Vehicles. See Nevada Revised Statutes 481.015
• person: means a natural person, any form of business or social organization and any other nongovernmental legal entity including, but not limited to, a corporation, partnership, association, trust or unincorporated organization. See Nevada Revised Statutes 0.039
• Testimony: Evidence presented orally by witnesses during trials or before grand juries.
• Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.