RATE OF PAYMENT • E-FREE TRANSLATION.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

... To Henry Martin they passed very satisfactorily. At his new rate of payment he was able to lay up two dollars a week without denying himself anything absolutely necessary to his comfort. At the end of this period, therefore, he had twenty-six dollars on deposit in a new savings-bank. Of his venture he had heard nothing. ...

— Sam's Chance - And How He Improved It • Horatio Alger

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