monthly rate

Per-month payment amount

A monthly rate is a price or charge calculated per month.

It typically applies to recurring services, rentals, or subscriptions: The monthly rate for the apartment is $1,200, What's the monthly rate for insurance?

Distinguished from hourly, daily, weekly, or annual rates, it represents what you pay each month for ongoing access or service.

Related

payment plan · billing · billing cycle · rent · premium · dues · charge · service charge · recurring · recurring payment · invoice · bank statement · installment · credit card · annual · weekly · membership · tariff

Categories
Opposites
payment frequency

monthly rateannual rate

Per-year measurement

daily rate · weekly rate · hourly rate · per diem · annual fee

payment structure

monthly rateone-time fee

Single, non-repeating payment

lump sum · one-time payment · single payment · flat fee · fixed price

Family

month, rate, monthly, months, rates, rated, rating, ratings, moon

Familiarity
Top 200,000
Profile
Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G