What is the meaning of Honeymoon rate?

Honeymoon rate is a rate lower than the prevailing market rate, but which is raised to a higher rate after a short period - 12 months, for instance.

Barry Goldsmith
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APABarry Goldsmith. (2010). honeymoon rate. Retrieved October 2, 2026, from http://smartdefine.org/honeymoon_rate/definitions/1155568
ChicagoBarry Goldsmith. 2010. "honeymoon rate" http://smartdefine.org/honeymoon_rate/definitions/1155568 (accessed October 2, 2026).
HarvardBarry Goldsmith 2010, honeymoon rate, Smart Define, viewed 2 October, 2026, <http://smartdefine.org/honeymoon_rate/definitions/1155568>.
MLABarry Goldsmith. "honeymoon rate" 21 October 2010. Web. 2 October 2026. <http://smartdefine.org/honeymoon_rate/definitions/1155568>