market rate

  

Definition

the usual price in the market

Example: We pay the market rate for temporary staff or We pay temporary staff the market rate.


Use market rate in a sentence

  • The market rate for gold and other commodities is established by bids given by buyers and sellers in the Chicago Board of Trade.

    Was this Helpful?   (25)   (0)
  • After Thanksgiving, the average market rate for a turkey skyrockets 50% for an average cost of a 13lb bird being a ridiculous $30!

    Was this Helpful?   (25)   (0)
  • We wondered what the market rate was that was usually paid and we each bet each other what the answer would be.

    Was this Helpful?   (25)   (0)
Show more usage examples...

Related Videos




http://www.businessdictionary.com/definition/market-rate.html

Mentioned in these terms

Have a question about market rate? Ask for help in the
Community
Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z