base rate
the rate of pay per unit of time, as by the hour, or per piece, or for work performed at an established standard rate.
Origin of base rate
1- Also called basic rate.
Words Nearby base rate
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use base rate in a sentence
The Bush tax cuts expire in the plan, and the Buffet rule would tax millionaires a base rate of 30 percent.
Obama’s 2013 Budget: Perfectly Reasonable, Absolutely Terrible | Daniel Stone | February 13, 2012 | THE DAILY BEASTFor this distance the base rate of sixty cents per hundred pounds, first class, is fixed by common agreement.
Railroads: Rates and Regulations | William Z. RipleyThus a rate is found which is reduced to a percentage of the original Chicago base rate.
Railroads: Rates and Regulations | William Z. RipleyTheir counterparts today are paid a monthly base rate of $592 and $800.
The Civil War Centennial Handbook | William H. Price
British Dictionary definitions for base rate
British the rate of interest used by individual commercial banks as a basis for their lending rates
British informal the rate at which the Bank of England lends to the discount houses, which effectively controls the interest rates charged throughout the banking system
statistics the average number of times an event occurs divided by the average number of times on which it might occur
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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