Rate Setting

Rate Setting

The process of determining how much to charge for a product. Rate setting can be difficult. In rate setting, one usually considers expected expenses such as direct and indirect overhead and one's target profit. One may also consider other factors, such as competitors' prices. See also: Pricing strategy.
References in periodicals archive ?
Tenders are invited for DHS Hospital Rate Setting and Related Services.
The three major features offered by the glucose clamp program to simplify glucose clamp studies are: the ability to enter in a desired concentration, animal weight, and dose rate in the syringe pump and then use that information to properly set the infusion rate automatically; the ability to change the dose rate during infusion, which allows the execution of complex infusion procedures without the need to start and stop the process; and the ability to view the previous dose rate setting while the pump is running, which allows for easy monitoring.
Global Banking News-February 21, 2014--Singapore to stop reference rate setting for Indonesian rupiah
Automated Valet Founder and CEO Ken Gulec says making rate setting simple is guaranteed to increase profitability.
Specifically, GAO examined oversight of the LTCI industry's (1) rate setting practices and (2) claims settlement practices.
Stafford rates will be set by the current rate setting formula except the cap becomes 6.
While, Fitch views the electric system's lack of liquidity as a concern given its power supply's exposure to natural gas prices, capital projects and day-to-day working capital needs, recent rate setting practices and less volatile fuel prices have improved the city's ability to sustain and improve its cash position.
Since becoming aware in 2011 of improper conduct in connection with rate setting, RBS management has taken action to strengthen significantly the systems and controls governing its submissions of LIBOR and other trading rates.
The Singapore regulator is also expected to make announcements regarding changes in the rate setting process.
This statement focuses on oversight of the LTCI industry's (1) rate setting practices and (2) claims settlement practices.
It cited several reasons for the financial weakness besides stringent state rate setting and coverage requirements.
The agreement sets forth a cost recovery formula for the airfield rates and charges and compensatory rate setting mechanism for terminal space that provides for the airport's consistently sound financial performance.