A value describing one quantity in terms of another quantity. A common type of rate is a quantity expressed in terms of time, such as percent change per year.

Use rate in a sentence

The rate of change was accelerating at an exponentially increasing rate and we saw no reason for this trend to stop.

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At this rate, there would be no money left for our trip in the summer, which was a bummer because I really wanted to go.

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As the rate of pay for minimum wage rises, so does cost of living expenses such as electric, oil, gas for a car, rent, food and other necessities.

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unfavourable 501-(C)(3) bond