Going Rate


Also found in: Idioms.

Going Rate

Informal; the current or prevailing price, especially of a major asset like real estate. See also: Spot price.
References in periodicals archive ?
The going rate nationally for a tooth nowadays is PS3.34, but parents in the Midlands are paying out a whopping 59p more on average.
"If it's the going rate it has to be paid or they'll go elsewhere." Chris Marshall
Owner (at 70% split or $150/week rent) and 2 stylist (at 50% split) will stay and the additional chairs could be rented for $150/week ($35K additional income) which is the going rate in the area.
- In Mumbai's central suburb, the going rate is around Rs 13,200-13,400 per square feet.
PENSIONERS PAY TAX TOO #Tory peer Lord Willetts is calling for baby boomers to pay higher taxes (Mirror, March 5), but I would like to point out to him that I have been retired some time now and have continued to pay income tax at the going rate on my pension and will do so for the rest of my life.
THE going rate for pay rises is "firmly stuck" at 2 per cent, although public sector workers are receiving less, a new study has shown.
The going rate for pay rises is "firmly stuck" at 2%, although public sector workers are receiving less, a new study has shown.
But Jackett - after revealing the second bid - stressed the Scottish champions have to pay the going rate to land him.
The asking price, which is in accordance to the standard going rate by American medical science, also happens to be about the same starting price for a Nissan 370Z V6 Coupe.
A study by XpertHR found the going rate was 2%, which is 1.3% below the latest RPI inflation figure.
Quentin SayS: an independent would probably do it for under pounds 500, but that's the going rate for a big service at a Merc dealer.
More relevant is the claim that the rise brought his wages in line with the going rate - which is where the big salary debate should begin.