standard rate Meaning in the Cambridge English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “standard rate” in the English Dictionary

"standard rate" in Business English

See all translations

standard ratenoun [C]

uk   us   UK
(also standard rate of interest) BANKING, FINANCE the ​normalpercentageamount that a ​bankchargescustomers for ​borrowingmoney: charge/pay a standard rate Our ​discountedrateended this ​year and we have been ​paying the bank's ​standardrate of 6.1% ever since.
(also standard rate of income tax) TAX the ​normalrate of ​incometaxpaid by most ​people who do not have an especially high or ​lowincome: These ​figuresapply to ​people who ​payincometax at the ​standardrate.
TAX the ​normalrate of value-addedtax: The ​standardrate of ​VAT is ​due to ​rise to 20%.
COMMUNICATIONS the usual ​rate that a ​phonecompanychargescustomers for ​calling a ​normalphonenumber: On a ​weekday, ​callscost 6p a ​minute, ​standardrate.
Compare
standard-rate
adjective [before noun]
The ​netcost is £5,300 if you are a standard-rate ​taxpayer.
(Definition of standard rate from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of standard rate?
Add Cambridge dictionaries to your browser to your website

More meanings of “standard rate”

Word of the Day
coeducational

having male and female students being taught together in the same school or college rather than separately

Word of the Day

Introducing a new author and a new weekly blog post!
Introducing a new author and a new weekly blog post!
by Cambridge Dictionaries Online,
August 27, 2015
The English language is constantly changing. You know that. But did you know that at Cambridge Dictionaries Online we keep track of the changes? We continually add new words and new meanings to our online dictionary for learners of English. Some of them are new to English entirely (neologisms), and some

Read More 

hyperpalatable adjective
hyperpalatable adjective
August 24, 2015
describes food with heightened levels of sugar and salt, intended to be extremely appealing In Brazil, where the prevalence of overweight and obese adults has doubled since 1980, crisps, biscuits, energy bars and sugary drinks formulated to be ‘hyper-palatable’ are much more widely eaten than previously.

Read More