Share this entry

Share this page

flat rate

Syllabification: flat rate

Definition of flat rate in English:

noun

1A charge that is the same in all cases, not varying in proportion with something: a system of charging a flat rate per household [as modifier]: replacing the fee-for-service system with flat-rate payments
More example sentences
  • The campaigners reckon the Treasury should replace a tax on the weight of tobacco with a flat-rate charge per cigar.
  • Different flat-rate payment schemes would also operate between land in ‘severely disadvantaged areas’ and all other land.
  • At best, phone companies will be able to charge a flat-rate fee for service; at worst they will have to give voice calls away.
1.1A rate of taxation that is not progressive, but remains at the same proportion on all amounts.
Example sentences
  • Income arising to a non-resident employee is subject to Portuguese withholding tax at a flat rate of 25 per cent.
  • Now, rumours have begun to fly that he may commit himself to a reform of the federal tax system, including the possible introduction of a flat rate of income tax.

Definition of flat rate in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day terpsichorean
Pronunciation: ˌtərpsikəˈrēən
adjective
of or relating to dancing