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basic rate

noun
1.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for basic rate
  • The prevailing wage rate for any trade or occupation includes the hourly basic rate of pay plus fringe benefits.
  • The basic rate for this service is less than standard rates.
  • The rate schedule shows a basic rate and a solvency rate total rate.
  • Employees shall be paid not more than their current basic rate of pay for their unused credit hours.
  • Nursing and physical therapy services are also included in the basic rate.
  • The adjusted basic rate is the basic rate adjusted for certain monetized benefits.
British Dictionary definitions for basic rate

basic rate

noun
1.
the standard or lowest level on a scale of money payable, esp in taxation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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