Definition, Meaning & Synonyms

market-rates

noun

ˈmɑːrkɪt reɪts

Definition

The prevailing prices at which goods, services, or financial instruments are offered in the marketplace.

Examples

The market rates for housing have increased significantly over the past year.
Investors need to keep an eye on market rates to make informed decisions about buying or selling bonds.
We compared the market rates of various lenders before choosing a mortgage.

Meaning

Market rates reflect the current supply and demand dynamics for a particular good, service, or asset, influencing how much consumers are willing to pay or investors are willing to accept.