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.
Safe Harbor Accounting Method to Sidestep Tax Regulations To illustrate a safe harbor accounting method that helps a tax filer sidestep a tax regulation, imagine a firm is losing money and therefore cannot claim an investment credit, so it transfers the credit to a company that is profitable and can therefore claim the credit.