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单词 market rate
释义

Definition of market rate in English:

market rate

noun
  • 1The price currently asked for a commodity or service in a particular market.

  • 2The current annual percentage rate of interest (whether charged on loans or accruing to investments) as determined by market forces.

Origin

Mid 17th century; earliest use found in William Petty (1623–1687), natural philosopher and administrator in Ireland.

Definition of market rate in US English:

market rate

noun
  • 1The price currently asked for a commodity or service in a particular market.

  • 2The current annual percentage rate of interest (whether charged on loans or accruing to investments) as determined by market forces.

Origin

Mid 17th century; earliest use found in William Petty (1623–1687), natural philosopher and administrator in Ireland.

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