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rate-making

 

Definitions from the Web

Rate-Making

Definition: Rate-making refers to the process of determining and establishing rates or prices for various goods or services.

Examples

Noun:

  • The rate-making for electricity tariffs involved analyzing the costs and expenses incurred by the utility company.
  • The government established a committee to oversee the rate-making for public transportation fares.

Verb:

  • The insurance company is rate-making their policies to remain competitive in the market.
  • As a freelancer, it is important to accurately rate-make your hourly fees to ensure adequate compensation.

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