Definition, Meaning & Synonyms
sliding-scale
noun
/ˈslaɪdɪŋ skeɪl/
Definition
A sliding scale is a system where the price or amount varies according to a specific criterion or factor, often used to adjust fees based on income or ability to pay.
Examples
- The clinic uses a sliding scale for determining the fees based on income.
- Many private schools offer scholarships on a sliding scale to accommodate families from different economic backgrounds.
Meaning
It allows for flexibility in costs and payments, enabling individuals or entities to pay according to their financial situation or capacity.
Synonyms
- variable pricing
- adjustable fee
- income-based scale
