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English definition of “day rate”

day rate

noun [C]    
HR the amount of money a company has to pay someone to work for them for a day : Do you normally charge a day rate or an hourly rate ?
the price of using a room in a hotel during the day without staying the night : Some airport hotels offer a reduced day rate for corporate customers .
(Definition of day rate noun from the Cambridge Business English Dictionary © Cambridge University Press)
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