ratemaking

[ reyt-mey-king ]

noun
  1. the process or practice of establishing rates of payment, especially for public transportation or utilities.

adjective
  1. of or relating to ratemaking.

Origin of ratemaking

1
First recorded in 1820–30; rate1 + making

Words Nearby ratemaking

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024

How to use ratemaking in a sentence