What is the meaning of GOING RATE?

GOING RATE is an expression that means the cost of the average of suppliers of like products or services. The connotation is that the cost will be "no more expensive than the competition.".

3
 
|15 years ago|427 views|share |citing 
APABarry Goldsmith. (2010). going rate. Retrieved September 21, 2026, from http://smartdefine.org/going_rate/definitions/1154989
ChicagoBarry Goldsmith. 2010. "going rate" http://smartdefine.org/going_rate/definitions/1154989 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, going rate, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/going_rate/definitions/1154989>.
MLABarry Goldsmith. "going rate" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/going_rate/definitions/1154989>