RATE OF PAYMENT • FREE-TRANSLATOR.COM • Definition of Rate of payment

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/reɪt əv pˈeɪmənt/ Listen

Rate of payment

noun

The amount of money paid out per unit time. Synonyms: installment rate, payment rate, repayment rate.

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Etymology of 'Rate of payment'

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"Rate of payment" Quotes from Famous Books

... confidence. "Good day, mother," he would say. "Will ye pay, or toll it?" "Bless ye, dear love, how should I pay?" the old woman would reply. "I'll toll it, Jan, and thank ye kindly." On which Jan would dip the wooden bowl or tolling-dish into the sack, and the corn it brought up was the established rate of payment for grinding the rest. ...

— Jan of the Windmill • Juliana Horatia Ewing

Words linked to "Rate of payment" : payment rate, installment rate, charge per unit, rate