Meaning of “water rates” in the English Dictionary

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"water rates" in Business English

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water ratesnoun [ plural ]

uk us TAX, GOVERNMENT

a local tax paid in Australia, and in Britain in the past, for running water in houses and other buildings:

We still have concerns about the trends in public services costs, particularly business rates and water rates.

(Definition of “water rates” from the Cambridge Business English Dictionary © Cambridge University Press)