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Going Rate

   Also found in: Idioms 0.01 sec.
Going Rate
Informal; the current or prevailing price, especially of a major asset like real estate. See also: Spot price.


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IF I suggested to you that you should seriously be considering taking on a mortgage rate that is possibly one-and-a-half to two per cent higher than the going rate you would probably think that I was joking.
What is the going rate for an underage girl who's desperate for drugs?
If we have to pay child benefit to foreign workers, it should be at the going rate for that country - pounds 5 a week in Poland.
 
 
 
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