Definitions for "market rate"
The prevailing interest rate available at any given time.
Refers to the average pay rates for similar roles or skills in the wider market place. A number of organisations including the Hay Group carry out detailed annual surveys in order to provide details of pay and benefits across various market sectors.
The interest rate or exchange rate at which a market clears.
The rate at which any two currencies are being quoted against each other in the London Interbank Foreign Exchange Market.
The most current quote for a currency pair.
The current quote of a currency pair.
The price established for electric energy on a commodity basis between willing buyers and sellers without reference to the embedded cost of production.
Units and/or beds that are priced without restriction other than what the market will bear.