ratemaking

[reyt-mey-king]
noun
1.
the process or practice of establishing rates of payment, especially for public transportation or utilities.
adjective
2.
of or pertaining to ratemaking.
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Based on the Random House Dictionary, © Random House, Inc. 2014.
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Utility ratemaking has been subject to continuous scrutiny by courts, legislators, and the public.
Insurance advisory services and insurance ratemaking services are included in this industry.
The report concludes with observations about utility ratemaking.
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