B1nounmoneybusiness
US/reɪt/
UK/reɪt/
how fast or how often something happens, or an amount of money charged for something
In context
The unemployment rate fell to its lowest level in ten years.
The hotel offers a special rate for groups of ten or more.
At this rate, we will not finish the project before July.
Words that go with rate
noun + noun
- interest rateThe bank raised the interest rate again.
- exchange rateThe exchange rate changes every day.
- birth rateThe birth rate has dropped in many countries.
noun + preposition
- at a steady ratePrices are rising at a steady rate.
adjective + noun
- high rate ofThe city has a high rate of crime.
verb + noun
- charge a rateThe company charges a lower rate for students.
Common mistakes
Incorrect:
The rate of unemployment is increased.Correct: The unemployment rate is rising.