rate freeze
Cost increase suspension
A rate freeze is a temporary halt to increases in a price, fee, or charge.
Governments may impose rate freezes on utilities or rent during economic hardship.
Employers might announce a rate freeze on wages.
Credit card companies sometimes offer a rate freeze on interest as a promotional incentive.
The city council approved a two-year rate freeze on water bills.
- capCovering for top
- spending capMaximum permitted expenditure
- ceilingRoom's upper surface
- lockMechanism requiring a key
- holdMaintain in grasp
moratorium · pause · wages · prices · price controls · hiring · suspension · fixed · stagnant · flat · unchanged · halt · standstill · inflation · cost of living · controls · rent control · policy
- mortgage reliefloan modification, loan restructuring, forbearance, mortgage assistance, mortgage relief
rate freezerate cut
Lowered borrowing cost
price increase · rate adjustment · variable rate · rate reduction · floating rate
rate, freeze, rates, rated, rating, ratings, rater, ratable, rateable