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
Global Banking News-January 7, 2011--Central bank of Serbia postpones rate setting meeting(C)2011 ENPublishing - http://www.
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.
The loss cost approach to rate setting would remove the appearance of collusion as each insurer would file its own loss cost multiplier, and the RSO would only file loss costs" the bill states.
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.