flat rate — A fixed price or charge that does not vary regardless of usage or quantity
Part of speech: NOUN
Definition: A fixed price or charge that does not vary regardless of usage or quantity
Pronunciation (IPA): /flæt reɪt/
Example Sentences
- The taxi driver offered a flat rate to the airport, which was cheaper than using the meter during rush hour.
- My gym membership has a flat rate, so I can work out 24/7 without worrying about extra charges - though I mostly use it to take expensive showers.
- The streaming service charges a flat rate of $15 per month for unlimited access to thousands of movies.
flat rate
NOUN[/flæt reɪt/]
A fixed price or charge that does not vary regardless of usage or quantity
The taxi driver charges a flat rate to the airport, no matter the traffic.
Tired of chat rate? Choose that rate - go flat rate!
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🎤Pronunciation
🌳Etymology
Origin
The term combines 'flat,' which evolved from meaning 'level or uniform' to denote 'fixed or unchanging,' with 'rate,' derived from Latin 'rata' (calculated, determined), which came to mean a charge or proportion. Together, they form a compound referring to a fixed, uniform charge.
Breakdown
flat (fixed, unchanging) + rate (Latin rata, meaning calculated or determined charge). The compound denotes a single, unvarying price regardless of usage or circumstances.
🎵Rhyme
🔗Collocations
📝Examples
“The taxi driver offered a flat rate to the airport, which was cheaper than using the meter during rush hour.”
“My gym membership has a flat rate, so I can work out 24/7 without worrying about extra charges - though I mostly use it to take expensive showers.”
“The streaming service charges a flat rate of $15 per month for unlimited access to thousands of movies.”
“Our company switched to flat rate billing because calculating individual usage was giving our accountant nightmares.”
📚Related Words
Synonyms
Antonyms
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