rates

noun — 2 senses

rates

noun

/ɹeɪts/

1

Australia, Hong Kong, New Zealand, UK Taxes, usually on property, levied by local government.

2

Abbreviation, Informal Abbreviation of interest rates.

  • Nonetheless, it did not stop the Fed from cutting rates last Thursday.
Derived terms
ratepayer

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.