Quick Answer: What Is The Meaning Of Rate?

What is another name for rate?

Rate Synonyms – WordHippo Thesaurus….What is another word for rate?pacetempospeedvelocitygaitclipfrequencylevelmeasuremomentum54 more rows.

What is a rate in science?

Reaction rate, in chemistry, the speed at which a chemical reaction proceeds. … It is often expressed in terms of either the concentration (amount per unit volume) of a product that is formed in a unit of time or the concentration of a reactant that is consumed in a unit of time.

What is the meaning of symbol?

something used for or regarded as representing something else; a material object representing something, often something immaterial; emblem, token, or sign. a letter, figure, or other character or mark or a combination of letters or the like used to designate something: the algebraic symbol x; the chemical symbol Au.

What is the use of rate?

In mathematics, a rate is the ratio between two related quantities in different units. … In describing the units of a rate, the word “per” is used to separate the units of the two measurements used to calculate the rate (for example a heart rate is expressed “beats per minute”).

What are three examples of rates?

Some examples of rate include cost rates, (for example potatoes cost \(\text{R}\,\text{16,95}\) per kg or 16,95 R/kg) and speed (for example, a car travels at \(\text{60}\) \(\text{km/h}\)). When we calculate rate, we divide by the second value, so we are finding the amount per one unit.

What are the different types of rates?

To say the least, you have a lot of options!Fixed rate.Variable rates.LIBOR.Fixed annuities.Capped rates.Initial start-up bonus.Environmental bonus.Construction loan rates.

What do we mean by rate?

the amount of a charge or payment with reference to some basis of calculation: a high rate of interest on loans. a certain quantity or amount of one thing considered in relation to a unit of another thing and used as a standard or measure: at the rate of 60 miles an hour.

What is a rate easy definition?

1a : a quantity, amount, or degree of something measured per unit of something else her typing rate was 80 words per minute. b : an amount of payment or charge based on another amount specifically : the amount of premium per unit of insurance.

What is a real life rate?

A rate is a ratio that compares quantities in different units. Rates are commonly found in everyday life. A unit rate is a rate where the second quantity is one unit , such as $34 per pound, 25 miles per hour, 15 Indian Rupees per Brazilian Real, etc. …

What is a rate in business?

A property tax on a business or other non-residential property. Business rates are used to fund local government services and projects such as road construction and improvement.

What is Rate in simple interest?

This interest rate represents a ratio of the principal borrowed or invested. Typically, this interest rate is given as a percentage per year, in which case it is called the annual interest rate. … The simple interest formula allows us to calculate I, which is the interest earned or charged on a loan.

What is mean by at the rate?

phrase. If you say that at this rate something bad or extreme will happen, you mean that it will happen if things continue to develop as they have been doing. At this rate, she would be almost seven feet tall by then.

What does rate stand for in writing?

Definition. RATE. Rough Around the Edges (band)

What is Rate and example?

A rate is a special ratio in which the two terms are in different units. For example, if a 12-ounce can of corn costs 69¢, the rate is 69¢ for 12 ounces. … When rates are expressed as a quantity of 1, such as 2 feet per second or 5 miles per hour, they are called unit rates.

How do you explain unit rate?

A unit rate is a ratio between two different units with a denominator of 1. To calculate the unit rate, divide the numerator by the denominator. The resulting decimal number is the unit rate. The unit price is a type of ratio where the numerator is the price and the denominator is the quantity of a good or product.

What is Rate in statistics?

Web Service. OECD Statistics. Definition: A rate refers to the occurrence of events over a specific interval in time. Similarly, a rate refers to the measure of the frequency of some phenomenon of interest.

How do you write a rate?

A rate is usually written as a fraction. When writing a fraction as a rate, we put the first given amount with its units in the numerator and the second amount with its units in the denominator. When rates are simplified, the units remain in the numerator and denominator.