Bill Rate

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Bill Rate

1. The amount that a company or professional charges per hour of work. For example, the bill rate for an attorney may be $300 per hour.

2. The interest rate on a debt security with a maturity of one year or less.
References in periodicals archive ?
With water bill rates increasing annually, every drop of water must be monitored.
Not all buildings will benefit by utilizing this bill rate, but for many this will be the answer to the high cost of water billing.
During this time, treasury bill rates have swung from one direction to the other: rising throughout 1999, but since February 2000, falling once again.