Definition of RATTLY. : likely to rattle: making a rattle. See rattly defined for kids. ADVERTISEMENT.
Legal protection from a lawsuit. Regulators often apply safe harbor to some corporate actions as long as those actions are taken in good faith. 1. A regulation that protects individuals or corporations from the legal consequences of certain actions they undertake.
A safe-harbor election exists for certain trans-action fees that are contingent on the successful closing of a transaction. This election generally permits taxpayers to treat 70 percent of the total success-based fees as an amount that does not facilitate the transaction.