rate base

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noun

a guaranteed minimum amount or number used to compute advertising rates, as the number of subscribers to a publication.
a basic amount or number used to compute charges to a customer, as the number of monthly phone calls.
the valuation of property upon which tax rates are based.

Nearby words

  1. ratchet,
  2. ratchet effect,
  3. ratchet jack,
  4. ratchet wheel,
  5. rate,
  6. rate card,
  7. rate of exchange,
  8. rate of return,
  9. rate-cap,
  10. rate-of-climb indicator

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

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