market rate

Related Terms
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.
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After Thanksgiving, the average market rate for a turkey skyrockets 50% for an average cost of a 13lb bird being a ridiculous $30!
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We wondered what the market rate was that was usually paid and we each bet each other what the answer would be.
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