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English definition of “peak fare”

peak fare

noun [C]
 
 
TRANSPORT, COMMERCE
a higher price that you pay to travel on a bus, train, plane, etc. during a time when a lot of people travel: The Transit Authority will continue with plans to increase peak fares to $2.75 for bus rides. → Compare off-peak
(Definition of peak fare from the Cambridge Business English Dictionary © Cambridge University Press)
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