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mate's rates

British  

plural noun

  1. informal preferential rates of payment offered to a friend

"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

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

He attacked cuts to disability benefits and criticised "mate's rates" corporate tax deals - but welcomed a new levy on sugary drinks.

From BBC

He claimed the shares had been sold off at "mate's rates" to Mr Cameron's "friends in the City".

From BBC

Stephenson believes it may be even more of a family affair, as a G Townsend is recorded as working for the Southwark pottery at the same date: he is convinced it must be a relative, and that Townsend got "mate's rates" when he commissioned the handsome bowl.

From The Guardian