Step 1: Understanding the Question:
This question tests knowledge of pesticide toxicology terms.
Step 2: Detailed Explanation:
LD$_{50}$ stands for Lethal Dose 50.
It is the dose of a toxic substance required to kill 50% of a test population.
It is a measure of acute toxicity.
Kill value (A): Not a standard term.
Hazard rating (C): Not a standard term.
Toxicity (D): General term for harmful effects.
Thus, LD$_{50}$ refers to lethal dose.
Step 3: Final Answer:
Thus, LD$_{50}$ in pesticide toxicology refers to lethal dose, which corresponds to option (B).
[0.5cm]