market rate
Current fair value
Market rate is the prevailing price for a good, service, or financial instrument as determined by supply and demand.
Landlords charge market rate for apartments; employers pay market rate for talent.
The term implies a going price that exists independent of any particular transaction: We're offering market rate for the position.
Below-market-rate housing or loans represent subsidized alternatives.
- interestAttention, stake, or fee
- pricingEstablishing monetary amounts charged
- fair valueReasonable exchange price
- prevailingMost common or accepted
- benchmarkStandard for comparison
lending · borrowing · premium · discount · competitive · standard · current · mortgage · yield · APR · supply · demand · negotiation · real estate · cost of living · valuation · quote · bid
- housingapartments, home, house, houses, homes
- pricingpricing, discount price, overpricing, discounts, overcharge
- wageswage, salary, pay, paycheck, income
- insuranceinsurance, coverage, auto insurance, life insurance, home insurance
- rental termsrent, lease, sublease, sublet, rented
- salary negotiationsalary, raise, counteroffer, base salary, pay raise
market ratefixed price
Predetermined, unvarying cost
fixed rate · price control · flat rate · ceiling price · price ceiling
market, rate, markets, marketed, marketing, marketer, marketable, marketplace, rates