Rate Setting

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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.
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References in periodicals archive ?
A statement from the central bank said that while the possibility of further rate cuts was still an option, members agreed that there was no urgency to change the current interest rate settings.
Users can configure five motion-detection zones per camera, and the unit supports eight or 16 video inputs with independently adjustable frame rate settings. It requires minimal PC knowledge and training.
This is accomplished by utilizing one of three air-flow rate settings equivalent to that of the air flow in the laminar hood.