market rate
noun

the usual price in the market

Example

We pay the market rate for temporary staff or We pay temporary staff the market rate.

"...after the prime rate cut yesterday, there was a further fall in short-term market rates" [Financial Times]

Browse by Subjects
Canadian Overnight Money Market Rate
adjustable rate mortgage
Cash Price
rental value
See All Related Terms »

C rating
split commission
interest rate risk
offering size
member