market-rate
market-rate — noun
1. the typical price that buyers and sellers agree on for a product or service in a
the typical price that buyers and sellers agree on for a product or service in a free market, without special discounts or government controls
Marta charges a rent well below the market rate for her two-bedroom apartment.
collocation: below the market rate
Ravindra accepted a job that pays above the market rate for his level of experience.
collocation: above the market rate
Caleb checked the market rate for second-hand cars before selling his old van.
Vinícius found that the market rate for freelance web developers has risen this year.
- going rate
more informal; common in spoken British English
- prevailing rate
more formal; often used in economic reports or legal documents
- current price
broader; can refer to any price at a given moment, not necessarily set by the free market
文法句型
the market rate for + [product/service]
at/below/above the market rate
用法筆記
Often written without a hyphen (market rate) when used as a standalone noun. The hyphenated form (market-rate) is more common before another noun, e.g. market-rate housing.