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Rate
(redirected from rate standardization)

   Also found in: Dictionary/thesaurus, Medical, Wikipedia 0.03 sec.

Value, measure, or degree; a charge, payment, or price determined through the application of a mathematical formula or based upon a scale or standard.

For example, an interest rate is determined by the ratio between the principal and interest.

Rate is also used synonymously with tax.


RATE. A public valuation or assessment of every man's estate; or the ascertaining how much tax every one shall pay. Vide Pow. Mortg. Index, h.t.; Harr. Dig. h.t.; 1 Hopk. C. R. 87.


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Rapid return on investment is characteristic of the InSite application, thanks to efficiencies such as rate standardization and automated tracking of service level agreements, which improves compliance with scheduled contract discounts.
 
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