going rate

noun

: the average or usual price that is charged for something
What's the going rate for a babysitter?

Examples of going rate in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
If $9 a foot is the going rate for a ground lease, then the comparably sized 40 Wall would not be worth much on the open market. Paula Aceves, Curbed, 31 Oct. 2024 Given the historic pricing increases that kick in with a sixth game, and the even steeper lift that a Game 7 can command—the going rate for a 30-second spot in a seventh broadcast would likely average out to around $625,000 a throw—Fox is looking down the barrel of a $147.8 million loss. Anthony Crupi, Sportico.com, 29 Oct. 2024 While the companies didn’t disclose the value of the 184 hectares being injected by House of Investments into the joint venture, the land could be worth at least 17 billion pesos ($297 million) based on the going rate in TARI Estate, which broke ground in May. Ian Sayson, Forbes, 10 Oct. 2024 As proposed in 2023, the tax credit would be 30% of production costs, matching the going rate in Georgia and other states. Gene Maddaus, Variety, 13 Sep. 2024 See all Example Sentences for going rate 

Dictionary Entries Near going rate

Cite this Entry

“Going rate.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/going%20rate. Accessed 21 Nov. 2024.

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