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.
noun the setting of an upper limit for rates charged, esp. the interest rate on an adjustable rate loan
/ˈreɪtˌkæp/ verb (transitive) -caps, -capping, -capped 1. (formerly in Britain) to impose on (a local authority) an upper limit on the level of the rate it may levy
noun 1. a list showing the rates charged by a magazine, newspaper, radio or television station, etc., for various types of advertising.
[reyt] /reɪt/ noun 1. the amount of a charge or payment with reference to some basis of calculation: a high rate of interest on loans. 2. a certain quantity or amount of one thing considered in relation to a unit of another thing and used as a standard or measure: at the rate of 60 […]