flat rate
Flat rate (noun) means a fixed charge that stays the same no matter how much of a service is used, how long it takes or how far it travels. Example: “The plumber charges a flat rate of £90 for any call-out within the city.”
How to use flat rate
Learner’s notesIn plain EnglishOne set price that does not change however much you use.
Two words as a noun, hyphenated before another noun: "a flat rate" but "flat-rate pricing".
Flat rate is about the amount not varying with usage; fixed rate, in lending, is about an interest rate not varying over time.
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The plumber charges a _____ of £90 for any call-out within the city.
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Rhymes for flat rate
See all rhymes for flat rate →Frequently asked questions
What is the difference between a flat rate and an hourly rate?
A flat rate is one agreed price for the whole job, whatever it takes. An hourly rate multiplies a price by the time spent, so the final bill is unknown until the work is done. Flat rates give customers certainty; hourly rates protect the worker if the job runs long.
What is the difference between flat rate and fixed rate?
They overlap, but flat rate usually means a single price for a service regardless of quantity used, while fixed rate usually describes an interest rate on a loan or mortgage that will not change during an agreed period.
What is the meaning of flat rate?
"flat rate" (noun) means a fixed charge that stays the same no matter how much of a service is used, how long it takes or how far it travels.
What is another word for flat rate?
Other words for "flat rate" include fixed fee, fixed charge, set price, flat fee, fixed, flat.