Blanket Rate

Blanket Rate

An interest rate or price that applies to all goods or services of the same type. That is, a blanket rate does not vary according to special circumstances.
References in periodicals archive ?
Tenders are invited for Blanket rate contract for supply of various all types and sizes of bearings, sleeves with nuts, c.i.
Local universities must prioritise research and commercial outputs.Similarly, the government should introduce the formula of funding universities on the basis of courses offered, rather than a blanket rate for all programmes irrespective of differences in inputs.
Officials at privately held Pitt Ohio, which is one of the country's most innovative and profitable trucking companies, said that instead of a blanket rate increase, it prefers to concentrate on increasing its lowest-yielding and most unprofitable freight.
While prices for marine insurance are likely to increase by up to 10-15 percent, there "are no signs of attempts at blanket rate increases," across all reinsurance lines, Willis Re said.
According to the Ministry of the Economy and Finance, the future law makes provision for compulsory enrolment in additional insurance through the payment of a premium on top of the blanket rate for people who already hold insurance.
The manifesto also calls for a blanket rate of compulsory modulation across Europe to fund environmental and rural develop- ment out of the Single Farm Payment.
Consumer lenders lost ground after Japan's governing coalition agreed in principle Tuesday to put off introducing an exceptionally high interest rate in the scheme of a proposed blanket rate cap.
Elsewhere, the specific names of each cereal have been inserted into the text of the Regulation, and durum wheat has also been added to the list that will be subject to the blanket rate of import duty.
India's 40 million cable subscribers now pay a blanket rate of $2-$7 per month, depending on the area, for a service comprising all 114 channels, including 70 free-to-air.
For financial assessments of variable rate performance, checkstrips of blanket rate application are used in the same field locations each year.
And their domestic service, to be launched in the spring, will charge calls to anywhere in Scotland at a blanket rate.
However, they are not seeking to apply "blanket rate increases."