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ratemaking

[ reyt-mey-king ]

noun

  1. the process or practice of establishing rates of payment, especially for public transportation or utilities.

adjective

  1. of or relating to ratemaking.

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Word History and Origins

Origin of ratemaking1

First recorded in 1820–30; rate 1( def ) + making ( def )

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Example Sentences

That almost-impossible-to-follow ratemaking process occurs in Sacramento at the California Public Utilities Commission without much city oversight at the moment.

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ratelrate-of-climb indicator

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