- Types:
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pay rate, rate of pay
amount of money received per unit time
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installment rate, payment rate, rate of payment, repayment rate
the amount of money paid out per unit time
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tax rate
rate used to calculate tax liability
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interest rate, rate of interest
the percentage of a sum of money charged for its use
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freight, freight rate, freightage
the charge for transporting something by common carrier
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depreciation rate, rate of depreciation
the rate at which the value of property is reduced; used to calculate tax deduction
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exchange rate, rate of exchange
the charge for exchanging currency of one country for currency of another
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excursion rate
a reduced rate for a round-trip ticket
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footage
a rate of charging by the linear foot of work done
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linage, lineage
a rate of payment for written material that is measured according to the number of lines submitted
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room rate
the rate charged daily for a hotel room
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time and a half
a rate of pay that is 1.5 times the regular rate; for overtime work
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bank discount, discount, discount rate
interest on an annual basis deducted in advance on a loan
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discount rate
the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System
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base rate
the interest rate set by the Bank of England for lending to other banks
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prime interest rate
the interest rate on short-term loans that banks charge their commercial customers with high credit ratings
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usury, vigorish
an exorbitant or unlawful rate of interest